Build-A-Bear Workshop, Inc. (NYSE:BBW) to Issue Dividend Increase – $0.23 Per Share

Build-A-Bear Workshop, Inc. (NYSE:BBW) announced a quarterly dividend on Wednesday, March 11th. Investors of record on Thursday, March 26th will be paid a dividend of 0.23 per share by the specialty retailer on Thursday, April 9th. This represents a c) annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Thursday, March 26th. This is a 4.5% increase from Build-A-Bear Workshop’s previous quarterly dividend of $0.22.

Build-A-Bear Workshop has a payout ratio of 20.6% indicating that its dividend is sufficiently covered by earnings. Analysts expect Build-A-Bear Workshop to earn $3.88 per share next year, which means the company should continue to be able to cover its $0.88 annual dividend with an expected future payout ratio of 22.7%.

Build-A-Bear Workshop Trading Down 4.9%

BBW stock opened at $43.48 on Thursday. The stock’s 50 day simple moving average is $56.83 and its 200 day simple moving average is $57.85. Build-A-Bear Workshop has a 12-month low of $32.55 and a 12-month high of $75.85. The stock has a market capitalization of $563.10 million, a PE ratio of 10.00 and a beta of 1.08.

Build-A-Bear Workshop (NYSE:BBW) last posted its earnings results on Thursday, March 12th. The specialty retailer reported $1.26 EPS for the quarter, missing analysts’ consensus estimates of $1.27 by ($0.01). The business had revenue of $154.51 million during the quarter, compared to the consensus estimate of $155.71 million. Build-A-Bear Workshop had a return on equity of 38.43% and a net margin of 10.93%. On average, research analysts predict that Build-A-Bear Workshop will post 3.71 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in BBW. Kestra Advisory Services LLC purchased a new stake in Build-A-Bear Workshop in the 4th quarter worth approximately $28,000. IFP Advisors Inc lifted its holdings in Build-A-Bear Workshop by 68.1% during the third quarter. IFP Advisors Inc now owns 501 shares of the specialty retailer’s stock valued at $33,000 after purchasing an additional 203 shares in the last quarter. Larson Financial Group LLC boosted its position in shares of Build-A-Bear Workshop by 453.1% in the third quarter. Larson Financial Group LLC now owns 542 shares of the specialty retailer’s stock worth $35,000 after purchasing an additional 444 shares during the period. Blue Trust Inc. boosted its position in shares of Build-A-Bear Workshop by 163.0% in the fourth quarter. Blue Trust Inc. now owns 668 shares of the specialty retailer’s stock worth $41,000 after purchasing an additional 414 shares during the period. Finally, State of Alaska Department of Revenue purchased a new stake in Build-A-Bear Workshop in the 3rd quarter worth $45,000. 79.30% of the stock is owned by hedge funds and other institutional investors.

Build-A-Bear Workshop Company Profile

Build-A-Bear Workshop, Inc operates a specialty retail business focused on interactive “workshop” experiences that allow customers to create customized stuffed animals. Through its in-store and online platforms, the company offers a wide range of plush toys, apparel, accessories and sound modules, enabling guests to personalize each creation. In addition to its core bear products, Build-A-Bear has expanded its portfolio to include licensed characters from leading entertainment and media franchises.

Founded in 1997 by Maxine Clark and headquartered in St.