Escalade, Incorporated Plans Quarterly Dividend of $0.15 (NASDAQ:ESCA)

Escalade, Incorporated (NASDAQ:ESCA) declared a quarterly dividend on Thursday, July 30th. Stockholders of record on Tuesday, October 6th will be paid a dividend of 0.1525 per share on Tuesday, October 13th. This represents a c) annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Tuesday, October 6th.

Escalade has raised its dividend by an average of 0.0%annually over the last three years.

Escalade Stock Up 6.3%

Shares of NASDAQ:ESCA traded up $1.24 during midday trading on Thursday, reaching $20.88. The company had a trading volume of 59,158 shares, compared to its average volume of 33,796. The business’s 50 day moving average price is $18.68 and its 200 day moving average price is $17.19. The stock has a market cap of $288.25 million, a PE ratio of 18.64 and a beta of 0.59. Escalade has a 1-year low of $11.41 and a 1-year high of $21.32.

Escalade (NASDAQ:ESCA) last released its earnings results on Thursday, July 30th. The company reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.52. Escalade had a return on equity of 8.97% and a net margin of 6.43%. On average, research analysts expect that Escalade will post 1.08 earnings per share for the current fiscal year.

About Escalade

Escalade, Inc is a U.S.-based manufacturer and distributor of recreational equipment and specialty products for both consumer and commercial markets. Headquartered in Evansville, Indiana, the company operates through two principal business segments: Sporting Goods and Commercial Products. The Sporting Goods segment encompasses a diverse range of products such as hockey and lacrosse goal assemblies, fitness accessories, archery and hunting gear, and table tennis equipment. The Commercial Products segment focuses on seating solutions for restaurants, hospitality venues and other public spaces under the Top Seat brand, as well as storage, display products and industrial carts.

Within Sporting Goods, Escalade markets its products under proprietary brands including Bear® Archery, Gene St.