Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL) Plans Annual Dividend of $0.60

Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL) announced an annual dividend on Thursday, May 21st. Stockholders of record on Wednesday, June 10th will be paid a dividend of 0.60 per share on Friday, June 26th. This represents a dividend yield of 181.0%. The ex-dividend date is Wednesday, June 10th. This is a 9.1% increase from Flanigan’s Enterprises’s previous annual dividend of $0.55.

Flanigan’s Enterprises Stock Performance

Shares of NYSEAMERICAN BDL opened at $33.00 on Monday. The company has a market cap of $61.38 million, a PE ratio of 10.28 and a beta of 0.35. Flanigan’s Enterprises has a 12 month low of $26.33 and a 12 month high of $35.98. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.84 and a quick ratio of 1.47. The company has a 50-day simple moving average of $31.72 and a 200-day simple moving average of $31.67.

Flanigan’s Enterprises Company Profile

Flanigan’s Enterprises, Inc operates as a regional distributor of beer, wine and distilled spirits, serving a range of retail and on-premise accounts throughout Florida. The company manages a network of wholesale distribution centers and provides a portfolio of both domestic and imported beverage brands. Through its Beverage Distribution & Logistics segment, Flanigan’s delivers products to grocery stores, convenience markets, restaurants, bars and clubs, leveraging its industry relationships to secure a diverse assortment of products for its customers.

To support its distribution operations, Flanigan’s Enterprises maintains warehousing, transportation and inventory management capabilities.