Adamas Trust, Inc. (ADAM) to Issue Quarterly Dividend of $0.30 on October 28th

Adamas Trust, Inc. (NASDAQ:ADAMGet Free Report) announced a quarterly dividend on Tuesday, August 11th. Shareholders of record on Tuesday, September 22nd will be paid a dividend of 0.30 per share on Wednesday, October 28th. This represents a c) dividend on an annualized basis and a yield of 13.5%. The ex-dividend date is Tuesday, September 22nd. This is a 11.1% increase from Adamas Trust’s previous quarterly dividend of $0.27.

Adamas Trust Price Performance

Shares of Adamas Trust stock opened at $8.91 on Friday. The stock has a 50 day moving average price of $9.43 and a 200-day moving average price of $8.79. Adamas Trust has a one year low of $6.45 and a one year high of $10.36. The stock has a market cap of $800.83 million, a price-to-earnings ratio of 5.30 and a beta of 1.18. The company has a debt-to-equity ratio of 11.89, a quick ratio of 18.54 and a current ratio of 18.54.

Adamas Trust (NASDAQ:ADAMGet Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.25 by $0.05. Adamas Trust had a net margin of 29.82% and a return on equity of 14.72%. The company had revenue of $47.92 million during the quarter, compared to analyst estimates of $47.50 million. Equities analysts expect that Adamas Trust will post 1.2 EPS for the current year.

Adamas Trust Company Profile

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