Simpson Manufacturing Co. Announces Quarterly Dividend of $0.13 (SSD)
Simpson Manufacturing (NYSE:SSD) announced a quarterly dividend on Friday, February 7th, AmericanBankingNews.com reports. Investors of record on Thursday, April 3rd will be paid a dividend of 0.125 per share on Thursday, April 24th. This represents a $0.50 annualized dividend and a dividend yield of 1.53%. The ex-dividend date is Tuesday, April 1st.
Simpson Manufacturing (NYSE:SSD) traded up 3.51% during mid-day trading on Friday, hitting $32.69. 279,490 shares of the company’s stock traded hands. Simpson Manufacturing has a 1-year low of $27.49 and a 1-year high of $37.49. The stock’s 50-day moving average is $34.49 and its 200-day moving average is $33.60. The company has a market cap of $1.582 billion and a P/E ratio of 31.11.
Simpson Manufacturing (NYSE:SSD) last released its earnings data on Friday, February 7th. The company reported $0.16 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.11 by $0.05. The company had revenue of $160.30 million for the quarter, compared to the consensus estimate of $157.99 million. During the same quarter in the prior year, the company posted $0.12 earnings per share. The company’s quarterly revenue was up 10.8% on a year-over-year basis. On average, analysts predict that Simpson Manufacturing will post $1.31 earnings per share for the current fiscal year.
Simpson Manufacturing Co, Inc through its subsidiary, Simpson Strong-Tie Company Inc (NYSE:SSD), designs, engineers and is a manufacturer of wood construction products, including connectors, truss plates, fastening systems, fasteners and pre-fabricated shearwalls, and concrete construction products used for concrete, masonry and steel, including adhesives, chemicals, mechanical anchors, carbide drill bits, powder actuated tools and fiber reinforcing materials.
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