Stewart Enterprises Inc. (STEI) Declares Quarterly Dividend of $0.05
Stewart Enterprises (NASDAQ:STEI) announced a quarterly dividend on Tuesday, September 24th, Analyst Ratings Network.com reports. Stockholders of record on Wednesday, October 16th will be paid a dividend of $0.045 per share on Wednesday, October 30th. This represents a $0.18 annualized dividend and a dividend yield of 1.37%.
Shares of Stewart Enterprises (NASDAQ:STEI) traded up 0.08% during mid-day trading on Tuesday, hitting $13.15. 248,427 shares of the company’s stock traded hands. Stewart Enterprises has a 52-week low of $6.92 and a 52-week high of $13.23. The stock’s 50-day moving average is $13.10 and its 200-day moving average is $11.42. The company has a market cap of $1.127 billion and a P/E ratio of 25.42.
Stewart Enterprises (NASDAQ:STEI) last announced its earnings results on Monday, September 9th. The company reported $0.09 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.12 by $0.03. The company had revenue of $127.06 million for the quarter, compared to the consensus estimate of $131.26 million. On average, analysts predict that Stewart Enterprises will post $0.54 earnings per share for the current fiscal year.
In other Stewart Enterprises news, SVP Michael H. Miller sold 6,500 shares of Stewart Enterprises stock in a transaction that occurred on Thursday, September 19th. The shares were sold at an average price of $13.11, for a total transaction of $85,215.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Stewart Enterprises, Inc is a provider of funeral and cemetery products and services in the death care industry in the United States.
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