Cryo-Cell International, Inc. Declares Quarterly Dividend of $0.25 (NYSEAMERICAN:CCEL)

Cryo-Cell International, Inc. (NYSEAMERICAN:CCEL) declared a quarterly dividend on Wednesday, January 29th,Wall Street Journal reports. Stockholders of record on Friday, February 14th will be paid a dividend of 0.25 per share on Friday, February 28th. This represents a $1.00 annualized dividend and a dividend yield of 12.84%. The ex-dividend date of this dividend is Friday, February 14th.

Cryo-Cell International has a payout ratio of 370.4% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.

Cryo-Cell International Stock Up 2.2 %

Shares of NYSEAMERICAN:CCEL traded up $0.17 during trading on Thursday, reaching $7.79. 5,574 shares of the stock traded hands, compared to its average volume of 10,393. The stock has a market cap of $62.79 million, a price-to-earnings ratio of -7.35 and a beta of 0.53. Cryo-Cell International has a 52-week low of $4.47 and a 52-week high of $9.50.

Cryo-Cell International Company Profile

Cryo-Cell International, Inc engages in the cellular processing and cryogenic cellular storage with a focus on the collection and preservation of umbilical cord blood stem cells for family use. It provides cord tissue service that stores a section of the umbilical cord tissue, a source of mesenchymal stem cells that are used in regenerative medicine to treat a range of conditions, including heart, and kidney disease, ALS, wound healing, auto-immune diseases, multiple sclerosis, Alzheimer's disease, Parkinson's diseases.