Empire District Electric Director William L. Gipson Sells 1,558 Shares (EDE)
Empire District Electric (NYSE:EDE) Director William L. Gipson sold 1,558 shares of the company’s stock in a transaction dated Wednesday, June 11th. The shares were sold at an average price of $24.17, for a total value of $37,656.86. Following the transaction, the director now directly owns 27,621 shares of the company’s stock, valued at approximately $667,600. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Shares of Empire District Electric (NYSE:EDE) traded down 0.62% on Thursday, hitting $24.11. 204,374 shares of the company’s stock traded hands. Empire District Electric has a 52 week low of $20.77 and a 52 week high of $24.86. The stock’s 50-day moving average is $23.99 and its 200-day moving average is $23.42. The company has a market cap of $1.042 billion and a price-to-earnings ratio of 14.61.
Empire District Electric (NYSE:EDE) last announced its earnings results on Thursday, May 1st. The company reported $0.48 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.41 by $0.07. On average, analysts predict that Empire District Electric will post $1.47 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Monday, June 16th. Shareholders of record on Monday, June 2nd will be given a dividend of $0.255 per share. This represents a $1.02 dividend on an annualized basis and a yield of 4.23%. The ex-dividend date of this dividend is Thursday, May 29th.
The Empire District Electric Company (NYSE:EDE) incorporated on October 16, 1909, is an operating public utility engaged in the generation, purchase, transmission, distribution and sale of electricity in parts of Missouri, Kansas, Oklahoma and Arkansas.
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