Ennis, Inc. (NYSE:EBF) announced a quarterly dividend on Friday, June 19th, Zacks reports. Shareholders of record on Friday, July 10th will be paid a dividend of 0.225 per share by the industrial products company on Monday, August 10th. This represents a $0.90 annualized dividend and a yield of 5.34%. The ex-dividend date of this dividend is Thursday, July 9th.
Ennis has raised its dividend payment by an average of 45.2% per year over the last three years and has increased its dividend every year for the last 3 years. Ennis has a payout ratio of 61.2% indicating that its dividend is sufficiently covered by earnings.
NYSE:EBF opened at $16.84 on Tuesday. Ennis has a 52 week low of $13.98 and a 52 week high of $22.21. The company has a quick ratio of 3.03, a current ratio of 3.95 and a debt-to-equity ratio of 0.05. The stock has a market capitalization of $439.85 million, a PE ratio of 13.26 and a beta of 0.48. The stock’s 50-day moving average price is $17.57 and its 200-day moving average price is $19.08.
Ennis (NYSE:EBF) last released its earnings results on Monday, June 22nd. The industrial products company reported $0.16 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.12 by $0.04. Ennis had a net margin of 7.83% and a return on equity of 11.06%. The business had revenue of $89.00 million for the quarter.
Ennis, Inc designs, manufactures, and sells business forms and other business products in the United States. The company offers snap sets, continuous forms, laser cut sheets, tags, labels, envelopes, integrated products, jumbo rolls, and pressure sensitive products under the Ennis, Royal Business Forms, Block Graphics, Specialized Printed Forms, 360 Custom Labels, ColorWorx, Enfusion, Uncompromised Check Solutions, VersaSeal, Ad Concepts, FormSource Limited, Star Award Ribbon Company, Witt Printing, B&D Litho, Genforms, PrintGraphics, Calibrated Forms, PrintXcel, Printegra, Curtis Business Forms, Falcon Business Forms, Forms Manufacturers, Mutual Graphics, TRI-C Business Forms, Major Business Systems, Independent Printing, Hoosier Data Forms, and Hayes Graphics brand names.
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