JAKKS Pacific, Inc. (NASDAQ:JAKK) Declares $0.25 Quarterly Dividend

JAKKS Pacific, Inc. (NASDAQ:JAKK) declared a quarterly dividend on Thursday, February 19th. Stockholders of record on Friday, February 27th will be paid a dividend of 0.25 per share on Monday, March 30th. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date is Friday, February 27th.

JAKKS Pacific has a dividend payout ratio of 30.3% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect JAKKS Pacific to earn $3.82 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 26.2%.

JAKKS Pacific Stock Performance

Shares of JAKK traded up $4.53 during trading hours on Friday, hitting $22.69. The company had a trading volume of 270,456 shares, compared to its average volume of 107,549. The stock has a market capitalization of $255.72 million, a price-to-earnings ratio of 47.40 and a beta of 1.61. The firm has a fifty day moving average price of $17.86 and a 200-day moving average price of $17.68. JAKKS Pacific has a 52-week low of $14.86 and a 52-week high of $30.50.

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.