Escalade, Incorporated (NASDAQ:ESCA) to Issue Quarterly Dividend of $0.15

Escalade, Incorporated (NASDAQ:ESCA) declared a quarterly dividend on Thursday, April 25th, Zacks reports. Stockholders of record on Monday, July 8th will be given a dividend of 0.15 per share on Monday, July 15th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.36%. The ex-dividend date is Monday, July 8th.

Escalade has decreased its dividend by an average of 5.3% annually over the last three years.

Escalade Stock Performance

Shares of Escalade stock traded up $0.08 on Friday, reaching $13.75. 1,875 shares of the company traded hands, compared to its average volume of 18,858. Escalade has a 52 week low of $11.42 and a 52 week high of $22.01. The company has a 50 day moving average of $13.94 and a 200 day moving average of $16.92. The firm has a market capitalization of $190.58 million, a PE ratio of 19.25 and a beta of 1.21. The company has a debt-to-equity ratio of 0.27, a current ratio of 4.41 and a quick ratio of 1.63.

Escalade (NASDAQ:ESCA) last released its quarterly earnings data on Friday, March 29th. The company reported $0.21 EPS for the quarter. The company had revenue of $65.51 million during the quarter. Escalade had a net margin of 3.73% and a return on equity of 6.14%. Equities analysts forecast that Escalade will post 1.29 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of Escalade from a “buy” rating to a “hold” rating in a report on Tuesday.

About Escalade

Escalade, Incorporated, together with its subsidiaries, manufactures, distributes, imports, and sells sporting goods in North America, Europe, and internationally. The company provides various sporting goods brands in basketball goals, archery, indoor and outdoor game recreation, and fitness products.