Crown Crafts, Inc. (NASDAQ:CRWS) to Issue $0.08 Quarterly Dividend

Crown Crafts, Inc. (NASDAQ:CRWSGet Free Report) declared a quarterly dividend on Thursday, May 14th. Stockholders of record on Thursday, June 11th will be paid a dividend of 0.08 per share by the textile maker on Thursday, July 2nd. This represents a c) annualized dividend and a dividend yield of 11.6%. The ex-dividend date is Thursday, June 11th.

Crown Crafts has decreased its dividend payment by an average of 0.1%annually over the last three years.

Crown Crafts Trading Down 0.4%

CRWS traded down $0.01 during midday trading on Thursday, reaching $2.75. 30,029 shares of the company’s stock traded hands, compared to its average volume of 31,902. Crown Crafts has a 52 week low of $2.35 and a 52 week high of $3.38. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.43 and a quick ratio of 1.47. The stock has a market capitalization of $29.43 million, a price-to-earnings ratio of -3.09 and a beta of 0.64. The firm has a fifty day moving average of $2.75 and a two-hundred day moving average of $2.80.

Crown Crafts (NASDAQ:CRWSGet Free Report) last announced its earnings results on Wednesday, February 11th. The textile maker reported $0.14 EPS for the quarter. The company had revenue of $20.72 million for the quarter. Crown Crafts had a positive return on equity of 2.93% and a negative net margin of 11.10%.

Crown Crafts Company Profile

(Get Free Report)

Crown Crafts, Inc (NASDAQ: CRWS) is a U.S.-based designer, marketer and distributor of infant, toddler and juvenile consumer products. The company develops a wide range of softlines and related accessories, including crib and toddler bedding, blankets, decorative pillows, bath towels and washcloths. Since its founding in 1957, Crown Crafts has focused on combining creative design with functional quality to meet the shifting preferences of young families and caregivers.

The company operates two primary business segments.

Further Reading

Dividend History for Crown Crafts (NASDAQ:CRWS)

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