Bluegreen Vacations Co. (BXG) to Issue Quarterly Dividend of $0.15

Bluegreen Vacations Co. (NYSE:BXG) declared a quarterly dividend on Wednesday, January 3rd, RTT News reports. Stockholders of record on Tuesday, January 16th will be given a dividend of 0.15 per share on Tuesday, January 23rd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.37%.

Bluegreen Vacations (BXG) traded down $0.45 during trading on Wednesday, hitting $17.81. 43,400 shares of the stock were exchanged, compared to its average volume of 42,200. Bluegreen Vacations has a one year low of $12.50 and a one year high of $18.34. The company has a debt-to-equity ratio of 1.86, a quick ratio of 6.14 and a current ratio of 8.55.

Several analysts recently weighed in on BXG shares. Bank of America started coverage on shares of Bluegreen Vacations in a research report on Tuesday, December 12th. They issued a “buy” rating and a $20.00 price objective on the stock. Stifel Nicolaus started coverage on shares of Bluegreen Vacations in a research report on Tuesday, December 12th. They issued a “buy” rating and a $18.00 price objective on the stock. Finally, SunTrust Banks started coverage on shares of Bluegreen Vacations in a research report on Tuesday, December 12th. They issued a “buy” rating and a $19.00 price objective on the stock.

In other news, EVP Susan Saturday acquired 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 21st. The shares were purchased at an average cost of $14.00 per share, for a total transaction of $42,000.00. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Anthony M. Puleo purchased 7,000 shares of the company’s stock in a transaction on Tuesday, November 21st. The shares were bought at an average price of $14.00 per share, for a total transaction of $98,000.00. The disclosure for this purchase can be found here. Over the last quarter, insiders purchased 12,000 shares of company stock worth $167,020.

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About Bluegreen Vacations

Bluegreen Corporation operates as a sales, marketing, and management company focusing on the vacation ownership industry in the United States. The company markets, sells, and manages vacation ownership interests (VOIs) in resorts that are developed or acquired by the company, or developed and owned by others.

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