Ennis, Inc. (NYSE:EBF) Announces Quarterly Dividend of $0.25

Ennis, Inc. (NYSE:EBF) declared a quarterly dividend on Thursday, December 18th. Stockholders of record on Thursday, January 8th will be given a dividend of 0.25 per share by the industrial products company on Thursday, February 5th. This represents a c) annualized dividend and a dividend yield of 5.5%. The ex-dividend date of this dividend is Thursday, January 8th.

Ennis has increased its dividend by an average of 0.3%annually over the last three years.

Ennis Price Performance

Shares of NYSE:EBF opened at $18.07 on Tuesday. The stock has a market cap of $463.16 million, a price-to-earnings ratio of 10.89 and a beta of 0.36. Ennis has a 12 month low of $16.30 and a 12 month high of $22.00. The stock’s 50 day moving average price is $17.50 and its 200 day moving average price is $17.86.

Ennis (NYSE:EBF) last posted its quarterly earnings data on Monday, December 22nd. The industrial products company reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.01. Ennis had a return on equity of 14.13% and a net margin of 11.01%.The company had revenue of $100.17 million for the quarter, compared to the consensus estimate of $100.50 million. During the same quarter in the previous year, the business earned $0.39 EPS.

Analyst Upgrades and Downgrades

Several research firms have issued reports on EBF. Weiss Ratings restated a “hold (c)” rating on shares of Ennis in a research report on Monday, December 29th. Wall Street Zen lowered Ennis from a “buy” rating to a “hold” rating in a research report on Saturday, December 27th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Ennis has an average rating of “Hold”.

Ennis Company Profile

Ennis, Inc (NYSE: EBF) is a provider of print and related products and services designed to meet the needs of businesses and organizations across a variety of industries. Headquartered in Dallas, Texas, Ennis offers business forms, checks, manuals, labels, promotional signage and specialty packaging. The company also delivers e-commerce and software solutions that enable customers to manage orders, customize print jobs and streamline supply-chain processes through its integrated online platform.

Ennis’s core product offerings include continuous business forms, laser checks and security-enhanced documents, as well as graphic communications materials such as brochures, catalogs and direct-mail collateral.