Ennis, Inc. (EBF) to Issue Quarterly Dividend of $0.25 on February 5th

Ennis, Inc. (NYSE:EBF) declared a quarterly dividend on Thursday, December 18th. Stockholders of record on Thursday, January 8th will be paid a dividend of 0.25 per share by the industrial products company on Thursday, February 5th. This represents a c) dividend on an annualized basis and a dividend yield of 5.5%. The ex-dividend date is Thursday, January 8th.

Ennis has increased its dividend payment by an average of 0.3%per year over the last three years.

Ennis Stock Performance

NYSE EBF opened at $18.07 on Tuesday. The business’s 50 day moving average price is $17.50 and its 200-day moving average price is $17.86. Ennis has a fifty-two week low of $16.30 and a fifty-two week high of $22.00. The company has a market cap of $463.16 million, a P/E ratio of 10.89 and a beta of 0.36.

Ennis (NYSE:EBF) last issued its quarterly earnings results on Monday, December 22nd. The industrial products company reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.01. Ennis had a return on equity of 14.13% and a net margin of 11.01%.The company had revenue of $100.17 million during the quarter, compared to the consensus estimate of $100.50 million. During the same period last year, the company earned $0.39 earnings per share.

Insider Activity at Ennis

In related news, COO Boyne Wade Brewer purchased 2,000 shares of the business’s stock in a transaction dated Monday, November 3rd. The shares were purchased at an average cost of $17.05 per share, for a total transaction of $34,100.00. Following the completion of the acquisition, the chief operating officer owned 23,684 shares in the company, valued at approximately $403,812.20. This trade represents a 9.22% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 3.70% of the company’s stock.

Institutional Investors Weigh In On Ennis

Several large investors have recently added to or reduced their stakes in the stock. State of Alaska Department of Revenue bought a new position in Ennis in the 3rd quarter worth about $25,000. Traub Capital Management LLC purchased a new stake in shares of Ennis in the second quarter valued at approximately $27,000. EverSource Wealth Advisors LLC grew its stake in Ennis by 1,037.3% in the second quarter. EverSource Wealth Advisors LLC now owns 1,524 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 1,390 shares in the last quarter. Kozak & Associates Inc. purchased a new position in Ennis during the 2nd quarter worth $37,000. Finally, BNP Paribas Financial Markets increased its holdings in Ennis by 56.8% during the 2nd quarter. BNP Paribas Financial Markets now owns 2,456 shares of the industrial products company’s stock worth $45,000 after purchasing an additional 890 shares during the period. 74.33% of the stock is owned by hedge funds and other institutional investors.

About Ennis

Ennis, Inc (NYSE: EBF) is a provider of print and related products and services designed to meet the needs of businesses and organizations across a variety of industries. Headquartered in Dallas, Texas, Ennis offers business forms, checks, manuals, labels, promotional signage and specialty packaging. The company also delivers e-commerce and software solutions that enable customers to manage orders, customize print jobs and streamline supply-chain processes through its integrated online platform.

Ennis’s core product offerings include continuous business forms, laser checks and security-enhanced documents, as well as graphic communications materials such as brochures, catalogs and direct-mail collateral.