EarthLink Inc. (ELNK) Announces Quarterly Dividend of $0.05
EarthLink (NASDAQ:ELNK) declared a quarterly dividend on Wednesday, July 30th, AnalystRatingsNetwork reports. Investors of record on Thursday, September 18th will be given a dividend of 0.05 per share on Thursday, October 2nd. This represents a $0.20 dividend on an annualized basis and a yield of 4.96%.
On the ratings front, analysts at Oppenheimer upgraded shares of EarthLink from a “market perform” rating to an “outperform” rating in a research note on Thursday, May 15th.
EarthLink (NASDAQ:ELNK) traded down 0.87% on Wednesday, hitting $3.995. 143,026 shares of the company’s stock traded hands. EarthLink has a 52 week low of $3.13 and a 52 week high of $6.33. The stock’s 50-day moving average is $3.63 and its 200-day moving average is $3.79. The company’s market cap is $408.9 million.
EarthLink (NASDAQ:ELNK) last released its earnings data on Monday, May 5th. The company reported ($0.21) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.22) by $0.01. The company had revenue of $297.30 million for the quarter, compared to the consensus estimate of $295.71 million. During the same quarter in the prior year, the company posted ($0.07) earnings per share. The company’s quarterly revenue was down 6.2% on a year-over-year basis. Analysts expect that EarthLink will post $-0.84 EPS for the current fiscal year.
EarthLink, Inc (NASDAQ:ELNK), is a network, communications and information technology (IT) services provider to business and residential customers in the United States.
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