G & K Services Inc. Shs -A- Plans Quarterly Dividend of $0.27 (GK)
G & K Services Inc. Shs -A- (NYSE:GK) announced a quarterly dividend on Friday, February 7th, StockRatingsNetwork.com reports. Stockholders of record on Wednesday, March 5th will be paid a dividend of 0.27 per share on Friday, March 21st. This represents a $1.08 annualized dividend and a dividend yield of 1.89%.
G & K Services Inc. Shs -A- (NYSE:GK) opened at 57.02 on Friday. G & K Services Inc. Shs -A- has a 52 week low of $39.04 and a 52 week high of $65.36. The stock has a 50-day moving average of $61.61 and a 200-day moving average of $58.35. The company has a market cap of $1.138 billion and a P/E ratio of 26.62.
G & K Services Inc. Shs -A- (NYSE:GK) last posted its quarterly earnings results on Tuesday, January 28th. The company reported $0.75 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.76 by $0.01. The company had revenue of $225.90 million for the quarter, compared to the consensus estimate of $236.17 million. During the same quarter in the prior year, the company posted $0.68 earnings per share. The company’s quarterly revenue was down 1.4% on a year-over-year basis. On average, analysts predict that G & K Services Inc. Shs -A- will post $2.88 earnings per share for the current fiscal year.
G&K Services, Inc, provides branded uniform and facility services programs. The Company serves a base of approximately 165,000 customers.
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