Emerald Holding, Inc. (NYSE:EEX) to Issue $0.02 Quarterly Dividend

Emerald Holding, Inc. (NYSE:EEXGet Free Report) announced a quarterly dividend on Wednesday, October 30th, Zacks reports. Stockholders of record on Monday, November 11th will be paid a dividend of 0.015 per share on Thursday, November 21st. This represents a $0.06 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date of this dividend is Friday, November 8th.

Emerald has a payout ratio of 28.6% indicating that its dividend is sufficiently covered by earnings.

Emerald Stock Down 11.8 %

NYSE:EEX opened at $4.11 on Thursday. The stock has a 50-day simple moving average of $4.90 and a 200 day simple moving average of $5.44. Emerald has a one year low of $4.00 and a one year high of $7.05. The company has a market capitalization of $837.77 million, a price-to-earnings ratio of -5.48 and a beta of 1.36. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.34 and a current ratio of 1.34.

Emerald (NYSE:EEXGet Free Report) last posted its quarterly earnings results on Wednesday, August 7th. The company reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.16) by $0.13. The business had revenue of $86.00 million for the quarter. Emerald had a return on equity of 3.53% and a net margin of 0.25%.

Analyst Upgrades and Downgrades

Separately, Rosenblatt Securities dropped their price objective on shares of Emerald from $8.40 to $7.80 and set a “buy” rating on the stock in a research note on Thursday.

Read Our Latest Stock Analysis on EEX

About Emerald

(Get Free Report)

Emerald Holding, Inc operates business-to-business (B2B) trade shows in the United States. The company provides B2B trade show franchises; and B2B print publications and digital media products, which provide industry specific business news and information across various sectors. It also offers B2B e-commerce and digital merchandising solutions to manufacturers and retailers through Elastic Suite and Bulletin platforms.

See Also

Dividend History for Emerald (NYSE:EEX)

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