Educational Development Co. (NASDAQ:EDUC) announced a quarterly dividend on Tuesday, May 28th, Fidelity reports. Investors of record on Tuesday, June 4th will be paid a dividend of 0.05 per share on Thursday, June 20th. This represents a $0.20 dividend on an annualized basis and a yield of 2.73%. The ex-dividend date of this dividend is Monday, June 3rd.

Educational Development has decreased its dividend payment by an average of 4.1% per year over the last three years and has increased its dividend every year for the last 3 years.

Shares of NASDAQ EDUC opened at $7.32 on Friday. Educational Development has a 1 year low of $7.08 and a 1 year high of $14.35. The company has a market cap of $65.28 million, a P/E ratio of 9.86 and a beta of 1.24. The company has a current ratio of 1.68, a quick ratio of 0.50 and a debt-to-equity ratio of 0.74.

ILLEGAL ACTIVITY NOTICE: This piece of content was first posted by Watch List News and is the property of of Watch List News. If you are accessing this piece of content on another domain, it was illegally copied and reposted in violation of international trademark & copyright legislation. The legal version of this piece of content can be accessed at https://www.watchlistnews.com/educational-development-co-educ-announces-quarterly-dividend-of-0-05/3029266.html.

Educational Development Company Profile

Educational Development Corporation, a publishing company, operates as a trade co-publisher of the line of educational children's books in the United States. The company offers various books, including Touchy-Feely board books, activity and flashcards, adventure and search books, art books, sticker books, and foreign language books, as well as science and math titles, and chapter books and novels.

Read More: How is inflation measured?

Dividend History for Educational Development (NASDAQ:EDUC)

Receive News & Ratings for Educational Development Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Educational Development and related companies with MarketBeat.com's FREE daily email newsletter.