Crown Crafts, Inc. Plans Quarterly Dividend of $0.08 (NASDAQ:CRWS)

Crown Crafts, Inc. (NASDAQ:CRWS) announced a quarterly dividend on Wednesday, February 11th. Investors of record on Friday, March 13th will be paid a dividend of 0.08 per share by the textile maker on Friday, April 3rd. This represents a c) dividend on an annualized basis and a yield of 10.6%. The ex-dividend date of this dividend is Friday, March 13th.

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

Crown Crafts Trading Down 3.8%

NASDAQ:CRWS traded down $0.12 during trading hours on Wednesday, hitting $3.01. The company had a trading volume of 69,139 shares, compared to its average volume of 31,684. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.14 and a quick ratio of 1.25. The stock has a 50-day moving average price of $2.82 and a 200 day moving average price of $2.86. The company has a market capitalization of $32.22 million, a PE ratio of -3.20 and a beta of 0.60. Crown Crafts has a 52 week low of $2.35 and a 52 week high of $4.55.

Crown Crafts (NASDAQ:CRWS) last issued its quarterly earnings data on Wednesday, February 11th. The textile maker reported $0.14 EPS for the quarter. The business had revenue of $20.72 million during the quarter. Crown Crafts had a negative net margin of 11.48% and a positive return on equity of 1.24%.

About Crown Crafts

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.