Build-A-Bear Workshop, Inc. (NYSE:BBW) to Issue $0.23 Quarterly Dividend

Build-A-Bear Workshop, Inc. (NYSE:BBWGet Free Report) declared a quarterly dividend on Wednesday, September 9th. Stockholders of record on Thursday, September 24th will be paid a dividend of 0.23 per share by the specialty retailer on Thursday, October 8th. This represents a c) dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend is Thursday, September 24th.

Build-A-Bear Workshop has a dividend payout ratio of 21.5% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Build-A-Bear Workshop to earn $3.76 per share next year, which means the company should continue to be able to cover its $0.92 annual dividend with an expected future payout ratio of 24.5%.

Build-A-Bear Workshop Stock Performance

NYSE:BBW opened at $28.14 on Thursday. Build-A-Bear Workshop has a 52 week low of $27.50 and a 52 week high of $75.85. The firm’s fifty day moving average is $33.99 and its 200-day moving average is $36.66. The firm has a market cap of $352.83 million, a P/E ratio of 6.98 and a beta of 1.05.

Build-A-Bear Workshop (NYSE:BBWGet Free Report) last announced its earnings results on Thursday, August 27th. The specialty retailer reported $0.70 earnings per share for the quarter, topping analysts’ consensus estimates of $0.64 by $0.06. The business had revenue of $115.29 million during the quarter, compared to the consensus estimate of $120.81 million. Build-A-Bear Workshop had a net margin of 9.96% and a return on equity of 29.85%. As a group, sell-side analysts anticipate that Build-A-Bear Workshop will post 3.57 earnings per share for the current year.

About Build-A-Bear Workshop

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Build-A-Bear Workshop, Inc operates a specialty retail business focused on interactive “workshop” experiences that allow customers to create customized stuffed animals. Through its in-store and online platforms, the company offers a wide range of plush toys, apparel, accessories and sound modules, enabling guests to personalize each creation. In addition to its core bear products, Build-A-Bear has expanded its portfolio to include licensed characters from leading entertainment and media franchises.

Founded in 1997 by Maxine Clark and headquartered in St.

Further Reading

Dividend History for Build-A-Bear Workshop (NYSE:BBW)

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