OneSpaWorld Holdings Limited (OSW) to Issue Quarterly Dividend of $0.04 on March 26th

OneSpaWorld Holdings Limited (NASDAQ:OSW) declared a quarterly dividend on Wednesday, February 19th, RTT News reports. Shareholders of record on Wednesday, March 12th will be given a dividend of 0.04 per share on Wednesday, March 26th. This represents a $0.16 annualized dividend and a dividend yield of 0.88%. The ex-dividend date of this dividend is Wednesday, March 12th.

OneSpaWorld has a dividend payout ratio of 14.4% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect OneSpaWorld to earn $1.06 per share next year, which means the company should continue to be able to cover its $0.16 annual dividend with an expected future payout ratio of 15.1%.

OneSpaWorld Stock Performance

Shares of NASDAQ OSW opened at $18.09 on Monday. The company has a current ratio of 1.84, a quick ratio of 1.29 and a debt-to-equity ratio of 0.18. OneSpaWorld has a 12 month low of $11.98 and a 12 month high of $23.01. The stock has a 50 day moving average of $20.22 and a 200-day moving average of $18.61. The company has a market capitalization of $1.89 billion, a P/E ratio of 25.84 and a beta of 2.11.

Insider Activity at OneSpaWorld

In other news, Director Walter Field Mclallen sold 18,000 shares of the company’s stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $20.40, for a total transaction of $367,200.00. Following the completion of the sale, the director now directly owns 170,917 shares in the company, valued at approximately $3,486,706.80. This represents a 9.53 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 5.00% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Stifel Nicolaus lifted their target price on OneSpaWorld from $24.00 to $25.00 and gave the stock a “buy” rating in a research note on Wednesday, January 15th. Truist Financial lifted their target price on OneSpaWorld from $17.00 to $22.00 and gave the stock a “buy” rating in a research note on Tuesday, December 3rd.

About OneSpaWorld

OneSpaWorld Holdings Limited operates health and wellness centers onboard cruise ships and at destination resorts worldwide. Its health and wellness centers offer services, such as traditional body, salon, and skin care services and products; self-service fitness facilities, specialized fitness classes, and personal fitness training; pain management, detoxifying programs, and body composition analyses; weight management programs and products; and medi-spa services.