Insider Selling: Kurt P. Rindoks Unloads 1,024 Shares of Kewaunee Scientific Corp Stock (KEQU)
Kewaunee Scientific Corp (NASDAQ:KEQU) VP Kurt P. Rindoks sold 1,024 shares of the company’s stock on the open market in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $18.00, for a total value of $18,432.00. Following the completion of the sale, the vice president now directly owns 6,757 shares in the company, valued at approximately $121,626. The transaction was disclosed in a filing with the SEC, which is available at this link.
Kewaunee Scientific Corp (NASDAQ:KEQU) traded up 0.95% during mid-day trading on Thursday, hitting $18.03. The stock had a trading volume of 3,536 shares. Kewaunee Scientific Corp has a 52-week low of $14.81 and a 52-week high of $18.75. The stock’s 50-day moving average is $18.09 and its 200-day moving average is $17.00. The company has a market cap of $47.2 million and a price-to-earnings ratio of 13.30.
Kewaunee Scientific Corp (NASDAQ:KEQU) last issued its quarterly earnings data on Tuesday, June 24th. The company reported $0.37 earnings per share for the quarter. The company had revenue of $27.10 million for the quarter, compared to the consensus estimate of $31.80 million.
The company also recently announced a quarterly dividend, which is scheduled for Monday, September 22nd. Stockholders of record on Monday, September 8th will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 2.66%. The ex-dividend date is Thursday, September 4th. This is a boost from Kewaunee Scientific Corp’s previous quarterly dividend of $0.11.
Kewaunee Scientific Corporation designs, manufactures, and installation of laboratory, healthcare, and technical furniture products.
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