Marcus Corp. Plans Quarterly Dividend of $0.09 (MCS)
Marcus Corp. (NYSE:MCS) announced a quarterly dividend on Thursday, October 17th, StockRatingsNetwork reports. Stockholders of record on Tuesday, October 29th will be paid a dividend of $0.085 per share on Friday, November 15th. This represents a $0.34 annualized dividend and a dividend yield of 2.36%.
Shares of Marcus Corp. (NYSE:MCS) traded up 0.49% during mid-day trading on Thursday, hitting $14.48. 95,755 shares of the company’s stock traded hands. Marcus Corp. has a 52 week low of $10.27 and a 52 week high of $14.97. The stock has a 50-day moving average of $13.71 and a 200-day moving average of $13.05. The company has a market cap of $391.7 million and a P/E ratio of 19.50.
Marcus Corp. (NYSE:MCS) last posted its quarterly earnings results on Thursday, September 19th. The company reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.04. The company had revenue of $129.00 million for the quarter, compared to the consensus estimate of $128.13 million. During the same quarter in the previous year, the company posted $0.37 earnings per share. The company’s revenue for the quarter was up 9.4% on a year-over-year basis. Analysts expect that Marcus Corp. will post $0.80 EPS for the current fiscal year.
In other Marcus Corp. news, Director Bruce J. Olson sold 7,437 shares of the stock in a transaction dated Thursday, October 3rd. The stock was sold at an average price of $14.61, for a total transaction of $108,654.57. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
The Marcus Corporation is engaged in two segments: movie theatres, hotels and resorts. As of May 26, 2011, the Company’s theatre operations included 55 movie theatres with 684 screens throughout Wisconsin, Ohio, Illinois, Minnesota, North Dakota, Nebraska and Iowa, including two movie theatres with 11 screens in Wisconsin and Nebraska owned by third parties but managed by it.
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