Escalade, Incorporated (NASDAQ:ESCA) Announces Quarterly Dividend of $0.15

Escalade, Incorporated (NASDAQ:ESCA) declared a quarterly dividend on Tuesday, February 25th, Wall Street Journal reports. Stockholders of record on Monday, April 7th will be given a dividend of 0.15 per share on Monday, April 14th. This represents a $0.60 annualized dividend and a dividend yield of 3.73%. The ex-dividend date is Monday, April 7th.

Escalade has raised its dividend payment by an average of 2.3% per year over the last three years.

Escalade Price Performance

Shares of NASDAQ:ESCA opened at $16.10 on Friday. Escalade has a 12 month low of $12.34 and a 12 month high of $16.99. The stock has a market cap of $220.12 million, a price-to-earnings ratio of 17.13 and a beta of 1.30. The stock’s 50 day moving average price is $15.21 and its 200 day moving average price is $14.72. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.45 and a quick ratio of 1.41.

Escalade (NASDAQ:ESCA) last released its earnings results on Wednesday, February 26th. The company reported $0.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.01). Escalade had a return on equity of 7.17% and a net margin of 5.20%. The firm had revenue of $251.51 million for the quarter, compared to analyst estimates of $62.20 million. Equities research analysts anticipate that Escalade will post 0.93 earnings per share for the current fiscal year.

About Escalade

Escalade, Incorporated, together with its subsidiaries, manufactures, distributes, imports, and sells sporting goods in North America, Europe, and internationally. The company provides various sporting goods brands in basketball goals, archery, indoor and outdoor game recreation, and fitness products.