Ennis, Inc. (ebf) Plans Quarterly Dividend of $0.18

Ennis, Inc. (NYSE:ebf) announced a quarterly dividend on Monday, March 27th. Investors of record on Monday, April 17th will be paid a dividend of 0.175 per share by the industrial products company on Monday, May 8th. This represents a $0.70 dividend on an annualized basis and a yield of 4.26%. The ex-dividend date of this dividend is Wednesday, April 12th.

Ennis has raised its dividend payment by an average of 26.0% annually over the last three years. Ennis has a payout ratio of 51.5% meaning its dividend is sufficiently covered by earnings. Research analysts expect Ennis to earn $1.01 per share next year, which means the company should continue to be able to cover its $0.70 annual dividend with an expected future payout ratio of 69.3%.

Shares of Ennis (NYSE:EBF) opened at 16.45 on Friday. Ennis has a 12 month low of $14.40 and a 12 month high of $20.40. The company has a 50-day moving average price of $16.04 and a 200-day moving average price of $16.41. The firm has a market capitalization of $420.69 million, a price-to-earnings ratio of 1096.67 and a beta of 0.89.

Dividend History for Ennis (NYSE:ebf)

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About Ennis

Ennis, Inc and its subsidiaries are engaged in the production and sale of business forms, other business products and apparel to customers primarily located in the United States. The Company operates through two business segments: Print and Apparel. The Print Segment is engaged in printing, manufacturing and selling a range of business forms and other business products to distributors located throughout the United States primarily through independent dealers.

5 Day Chart for NYSE:EBF

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