Educational Development Co. (NASDAQ:EDUC) Declares Quarterly Dividend of $0.06

Educational Development Co. (NASDAQ:EDUC) announced a quarterly dividend on Friday, May 22nd, Wall Street Journal reports. Stockholders of record on Tuesday, June 2nd will be given a dividend of 0.06 per share on Thursday, June 18th. This represents a $0.24 annualized dividend and a dividend yield of 3.72%. The ex-dividend date of this dividend is Monday, June 1st. This is a boost from Educational Development’s previous quarterly dividend of $0.05.

Shares of EDUC stock traded up $0.13 during trading hours on Friday, hitting $6.45. The company’s stock had a trading volume of 11,331 shares, compared to its average volume of 15,536. The company has a 50 day moving average of $5.05 and a 200 day moving average of $5.58. The stock has a market cap of $49.92 million, a PE ratio of 9.26 and a beta of 1.17. The company has a current ratio of 1.93, a quick ratio of 0.62 and a debt-to-equity ratio of 0.61. Educational Development has a 12-month low of $3.02 and a 12-month high of $8.26.

Educational Development (NASDAQ:EDUC) last posted its quarterly earnings data on Thursday, May 21st. The company reported $0.06 earnings per share for the quarter. The company had revenue of $20.16 million during the quarter. Educational Development had a net margin of 4.55% and a return on equity of 20.68%.

Educational Development Company Profile

Educational Development Corporation, a publishing company, operates as a trade co-publisher of the line of educational children's books in the United States. The company offers various books, including Touchy-Feely board books, activity and flashcards, adventure and search books, art books, sticker books, and foreign language books, as well as science and math titles, and chapter books and novels.

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Dividend History for Educational Development (NASDAQ:EDUC)

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