Crown Crafts, Inc. (NASDAQ:CRWS) Announces $0.08 Quarterly Dividend

Crown Crafts, Inc. (NASDAQ:CRWS) declared a quarterly dividend on Wednesday, November 12th. Shareholders of record on Friday, December 12th will be given a dividend of 0.08 per share by the textile maker on Friday, January 2nd. This represents a c) dividend on an annualized basis and a yield of 11.6%. The ex-dividend date of this dividend is Friday, December 12th.

Crown Crafts has decreased its dividend by an average of 0.1%annually over the last three years.

Crown Crafts Stock Performance

Shares of CRWS traded up $0.14 during mid-day trading on Wednesday, hitting $2.77. The stock had a trading volume of 523,763 shares, compared to its average volume of 29,518. Crown Crafts has a fifty-two week low of $2.35 and a fifty-two week high of $4.69. The company has a quick ratio of 1.11, a current ratio of 2.88 and a debt-to-equity ratio of 0.31. The company has a market cap of $29.27 million, a PE ratio of -2.86 and a beta of 0.81. The company’s fifty day simple moving average is $2.90 and its two-hundred day simple moving average is $2.97.

Crown Crafts (NASDAQ:CRWS) last released its quarterly earnings data on Wednesday, November 12th. The textile maker reported $0.11 EPS for the quarter. Crown Crafts had a negative net margin of 11.72% and a positive return on equity of 1.85%. The firm had revenue of $23.70 million during the quarter.

About Crown Crafts

Crown Crafts, Inc, through its subsidiaries, operates in the consumer products industry in the United States and internationally. It provides infant, toddler, and juvenile products, including infant and toddler beddings; blankets and swaddle blankets; dolls and plush toys; nursery and toddler accessories; room décors; reusable and disposable bibs; burp cloths; hooded bath towels and washcloths; reusable and disposable placemats, and floor mats; disposable toilet seat covers and changing mats; developmental toys; feeding and care goods; and other infant, toddler, and juvenile soft goods.