SWK Holdings Co. 9.00% Senior Notes due 2027 (SWKHL) to Post Earnings on Monday

SWK Holdings Co. 9.00% Senior Notes due 2027 (NASDAQ:SWKHL) is anticipated to announce its resultson Monday, August 17th. Analysts expect the company to announce earnings of $0.5250 per share and revenue of $8.4110 million for the quarter.

SWK Holdings Co. 9.00% Senior Notes due 2027 Price Performance

NASDAQ:SWKHL opened at $25.41 on Friday. The firm has a 50-day moving average of $25.32 and a 200-day moving average of $25.45. SWK Holdings Co. 9.00% Senior Notes due 2027 has a one year low of $24.34 and a one year high of $25.92.

SWK Holdings Co. 9.00% Senior Notes due 2027 Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were given a $0.5625 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $2.25 annualized dividend and a yield of 8.9%.

SWK Holdings Company is the indirect parent of Formica Corporation and related surfacing businesses. The company’s primary business activities center on the design, manufacturing and distribution of decorative surfacing materials for residential, commercial and industrial applications. Its product lines include high-pressure laminate, engineered quartz and solid surface sheets used in countertops, wall panels and furniture surfaces.

Under brands such as Formica® and Resopal®, SWK Holdings serves cabinet, furniture and flooring manufacturers, as well as commercial distributors.