EnviroStar, Inc. (EVI) to Issue Special Dividend of $0.12 on January 9th
EnviroStar, Inc. (NYSEAMERICAN:EVI) announced a special dividend on Wednesday, December 13th, Wall Street Journal reports. Stockholders of record on Tuesday, December 26th will be given a dividend of 0.12 per share by the industrial products company on Tuesday, January 9th. The ex-dividend date is Friday, December 22nd. This is a boost from EnviroStar’s previous special dividend of $0.10.
Shares of EnviroStar (NYSEAMERICAN EVI) opened at $34.70 on Friday. EnviroStar has a 1-year low of $14.00 and a 1-year high of $36.00.
EnviroStar (NYSEAMERICAN:EVI) last released its quarterly earnings results on Tuesday, November 14th. The industrial products company reported $0.05 earnings per share (EPS) for the quarter. EnviroStar had a net margin of 2.14% and a return on equity of 6.91%. The business had revenue of $26.27 million for the quarter.
EVI has been the topic of a number of research analyst reports. BidaskClub downgraded shares of EnviroStar from a “buy” rating to a “hold” rating in a research report on Thursday, September 14th. TheStreet downgraded shares of EnviroStar from a “b” rating to a “c+” rating in a research report on Monday, October 2nd.
EnviroStar, Inc, through its subsidiary, Steiner-Atlantic Corp., distributes commercial and industrial laundry and dry cleaning equipment, and steam and hot water boilers manufactured by others; supplies replacement parts and accessories, and provides maintenance services to its customers, and designs and plans turnkey laundry, dry cleaning and boiler systems for its institutional, retail, industrial and commercial customers.
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