JAKKS Pacific, Inc. (JAKK) to Issue Quarterly Dividend of $0.25 on June 29th

JAKKS Pacific, Inc. (NASDAQ:JAKK) declared a quarterly dividend on Tuesday, April 28th. Shareholders of record on Friday, May 29th will be paid a dividend of 0.25 per share on Monday, June 29th. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend is Friday, May 29th.

JAKKS Pacific has a payout ratio of 30.3% indicating that its dividend is sufficiently covered by earnings. Analysts expect JAKKS Pacific to earn $2.26 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 44.2%.

JAKKS Pacific Price Performance

NASDAQ:JAKK opened at $22.27 on Wednesday. JAKKS Pacific has a fifty-two week low of $14.86 and a fifty-two week high of $24.45. The stock’s 50-day moving average is $21.42 and its two-hundred day moving average is $19.22. The stock has a market cap of $254.77 million, a PE ratio of 32.28 and a beta of 1.50.

JAKKS Pacific (NASDAQ:JAKK) last released its earnings results on Thursday, April 30th. The company reported ($0.17) earnings per share for the quarter, beating the consensus estimate of ($0.44) by $0.27. JAKKS Pacific had a return on equity of 3.26% and a net margin of 1.41%.The company had revenue of $106.68 million for the quarter, compared to analysts’ expectations of $103.80 million. On average, equities research analysts anticipate that JAKKS Pacific will post 1.42 earnings per share for the current year.

About JAKKS Pacific

JAKKS Pacific, Inc (NASDAQ: JAKK) is a Los Angeles–based company that designs, develops and markets a broad range of toys and consumer products. Since its founding in 1995 by industry veteran Jack Friedman, the company has built a diversified portfolio spanning three primary segments: Toys, Consumer Electronics & Seasonal, and Kids Furniture & Accessories. JAKKS Pacific specializes in both licensed and proprietary brands, collaborating with major entertainment and sports licensors to bring popular characters and franchises to market.

The company’s Toys segment includes action figures, dolls, role-play items, collectible toys and outdoor activity products.