Crown Crafts, Inc. (NASDAQ:CRWS) to Issue Quarterly Dividend of $0.08

Crown Crafts, Inc. (NASDAQ:CRWS) declared a quarterly dividend on Tuesday, February 11th, Wall Street Journal reports. Investors of record on Friday, March 14th will be given a dividend of 0.08 per share by the textile maker on Friday, April 4th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 8.21%. The ex-dividend date of this dividend is Friday, March 14th.

Crown Crafts Price Performance

Shares of CRWS opened at $3.90 on Wednesday. The company has a quick ratio of 1.60, a current ratio of 3.36 and a debt-to-equity ratio of 0.37. Crown Crafts has a twelve month low of $3.89 and a twelve month high of $5.61. The stock has a market capitalization of $40.54 million, a P/E ratio of 16.25 and a beta of 0.87. The company has a 50 day moving average of $4.34 and a 200-day moving average of $4.55.

Crown Crafts (NASDAQ:CRWS) last posted its quarterly earnings results on Wednesday, February 12th. The textile maker reported $0.09 earnings per share for the quarter. Crown Crafts had a return on equity of 5.99% and a net margin of 2.81%.

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.