SWK Holdings Co. 9.00% Senior Notes due 2027 (NASDAQ:SWKHL) Announces Quarterly Dividend of $0.56

SWK Holdings Co. 9.00% Senior Notes due 2027 (NASDAQ:SWKHL) announced a quarterly dividend on Friday, January 1st. Stockholders of record on Monday, June 15th will be given a dividend of 0.5625 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 8.8%. The ex-dividend date is Monday, June 15th.

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

Shares of NASDAQ:SWKHL traded down $0.03 during trading on Friday, reaching $25.64. 498 shares of the company traded hands, compared to its average volume of 3,528. The company’s 50 day moving average is $25.47 and its two-hundred day moving average is $25.53. SWK Holdings Co. 9.00% Senior Notes due 2027 has a 52 week low of $25.13 and a 52 week high of $25.92.

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.