Finish Line Inc (FINL) Increases Dividend to $0.12 Per Share
Finish Line Inc (NASDAQ:FINL) declared a quarterly dividend on Wednesday, January 17th, RTT News reports. Shareholders of record on Friday, March 2nd will be given a dividend of 0.115 per share by the specialty retailer on Monday, March 19th. This represents a $0.46 dividend on an annualized basis and a yield of 3.55%. This is a positive change from Finish Line’s previous quarterly dividend of $0.11.
Finish Line (FINL) traded down $0.60 during trading on Wednesday, reaching $12.95. 1,157,900 shares of the company’s stock were exchanged, compared to its average volume of 1,682,170. The firm has a market capitalization of $546.42, a P/E ratio of -46.25, a PEG ratio of 1.99 and a beta of 1.37. Finish Line has a 1 year low of $6.90 and a 1 year high of $18.30.
Finish Line (NASDAQ:FINL) last released its quarterly earnings data on Thursday, December 21st. The specialty retailer reported ($0.26) EPS for the quarter, topping analysts’ consensus estimates of ($0.36) by $0.10. The firm had revenue of $378.50 million during the quarter, compared to the consensus estimate of $361.46 million. Finish Line had a negative net margin of 0.62% and a positive return on equity of 5.43%. The firm’s revenue was up 1.8% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.24) earnings per share. equities analysts forecast that Finish Line will post 0.65 EPS for the current fiscal year.
ILLEGAL ACTIVITY WARNING: This news story was first posted by American Banking News and is the property of of American Banking News. If you are accessing this news story on another site, it was copied illegally and reposted in violation of United States and international trademark & copyright laws. The legal version of this news story can be read at https://www.americanbankingnews.com/2018/01/17/finish-line-inc-finl-increases-dividend-to-0-12-per-share.html.
About Finish Line
The Finish Line, Inc is a specialty retailer. The Company is a retailer of athletic shoes, apparel and accessories for men, women and kids, throughout the United States and Puerto Rico. The Company operates through the Finish Line brand. Finish Line is a retailer of athletic shoes, apparel and accessories.
Receive News & Ratings for Finish Line Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Finish Line and related companies with MarketBeat.com's FREE daily email newsletter.