Buckle, Inc. (The) Plans Quarterly Dividend of $0.35 (NYSE:BKE)

Buckle, Inc. (The) (NYSE:BKE – Get Free Report) announced a quarterly dividend on Monday, September 14th. Investors of record on Thursday, October 15th will be given a dividend of 0.35 per share on Thursday, October 29th. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date is Thursday, October 15th.

Buckle has raised its dividend by an average of 0.1%annually over the last three years. Buckle has a dividend payout ratio of 37.3% meaning its dividend is sufficiently covered by earnings.

Get Buckle alerts:

Buckle Stock Down 1.6%

BKE stock traded down $0.63 on Tuesday, reaching $39.64. 633,447 shares of the company’s stock were exchanged, compared to its average volume of 478,309. The stock has a fifty day moving average of $43.36 and a 200-day moving average of $47.27. Buckle has a twelve month low of $39.44 and a twelve month high of $61.50. The firm has a market cap of $2.04 billion, a PE ratio of 9.13 and a beta of 1.11.

Buckle (NYSE:BKE – Get Free Report) last released its quarterly earnings data on Friday, August 21st. The company reported $0.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.06. Buckle had a return on equity of 46.91% and a net margin of 16.62%.The firm had revenue of $319.82 million during the quarter, compared to analysts’ expectations of $319.80 million. During the same quarter in the prior year, the business posted $0.89 earnings per share. Buckle’s revenue was up 4.6% compared to the same quarter last year.

Buckle Company Profile

(Get Free Report)

Buckle, Inc is a specialty retailer of casual apparel, footwear and accessories for young men and women. Its merchandise includes denim, tops, bottoms, dresses, outerwear, shoes, jewelry and other fashion accessories, combining national brands with merchandise sold under the company’s private-label brands.

The company sells its products through a network of retail stores across the United States and through its e-commerce platform. Buckle stores typically emphasize personalized customer service and offer services such as complimentary alterations.

Recommended Stories

• Five stocks we like better than Buckle
• Running on Empty: 3 Energy Plays for Europe’s Deep Freeze
• 3 Healthcare Stocks for 3 Stages of Life
• Curaleaf Tries To Roll Up Aurora In a Hostile Cannabis Bid
• MarketBeat’s Most Downgraded Stocks in Q3: 2 Look Cheap, 1 Looks Risky

Receive News & Ratings for Buckle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Buckle and related companies with MarketBeat.com's FREE daily email newsletter.