SWK Holdings Co. 9.00% Senior Notes due 2027 (SWKHL) to Release Quarterly Earnings on Monday

SWK Holdings Co. 9.00% Senior Notes due 2027 (NASDAQ:SWKHL) is expected to be issuing its resultson Monday, April 6th. Analysts expect the company to announce earnings of $0.5250 per share and revenue of $8.5590 million for the quarter.

SWK Holdings Co. 9.00% Senior Notes due 2027 Price Performance

Shares of SWKHL opened at $25.30 on Monday. SWK Holdings Co. 9.00% Senior Notes due 2027 has a 1 year low of $24.60 and a 1 year high of $25.92. The business’s 50 day simple moving average is $25.59 and its 200-day simple moving average is $25.55.

SWK Holdings Co. 9.00% Senior Notes due 2027 Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Sunday, March 15th will be given a $0.5625 dividend. This is a boost from SWK Holdings Co. 9.00% Senior Notes due 2027’s previous quarterly dividend of $0.56. This represents a $2.25 annualized dividend and a yield of 8.9%. The ex-dividend date is Friday, March 13th.

SWK Holdings Company is the indirect parent of Formica Corporation and related surfacing businesses. The company’s primary business activities center on the design, manufacturing and distribution of decorative surfacing materials for residential, commercial and industrial applications. Its product lines include high-pressure laminate, engineered quartz and solid surface sheets used in countertops, wall panels and furniture surfaces.

Under brands such as Formica® and Resopal®, SWK Holdings serves cabinet, furniture and flooring manufacturers, as well as commercial distributors.