Tandem Group (TND) Announces Earnings Results

Tandem Group (LON:TND) released its earnings results on Wednesday. The company reported GBX 35 ($0.49) EPS for the quarter, Bloomberg Earnings reports. Tandem Group had a return on equity of 8.96% and a net margin of 2.11%.

Tandem Group stock remained flat at $GBX 147.50 ($2.08) during midday trading on Friday. The company’s stock had a trading volume of 40 shares, compared to its average volume of 2,502. Tandem Group has a 12 month low of GBX 90 ($1.27) and a 12 month high of GBX 165 ($2.33).

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The firm also recently announced a dividend, which will be paid on Wednesday, July 4th. Shareholders of record on Thursday, May 17th will be issued a GBX 2.75 ($0.04) dividend. The ex-dividend date is Thursday, May 17th. This represents a yield of 1.96%. This is an increase from Tandem Group’s previous dividend of $1.35.

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About Tandem Group

Tandem Group plc designs, develops, distributes, and retails sports, leisure, and mobility equipment in the United Kingdom, Europe, and internationally. It operates through two segments, Sports, Leisure and Toys; and Bicycles and Mobility. The company offers bicycles and accessories under the Boss, British Eagle, CBR, Claud Butler, Elswick, Exile, Explorer, Falcon, Pulse, Scorpion, Squish, Townsend, and Zombie brand names; fishing products under the Carpzone brand name; football training products under the Kickmaster brand name; and golf products under the Ben Sayers, Bioflow, and Pro Rider brand names.

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