Educational Development Co. (EDUC) Announces Quarterly Dividend of $0.05
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.
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.
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