Compass Diversified Holdings (CODI) To Go Ex-Dividend on April 18th

Compass Diversified Holdings (NYSE:CODI) declared a quarterly dividend on Friday, April 6th, Wall Street Journal reports. Stockholders of record on Thursday, April 19th will be paid a dividend of 0.36 per share by the financial services provider on Thursday, April 26th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 8.57%. The ex-dividend date of this dividend is Wednesday, April 18th.

Compass Diversified has a dividend payout ratio of 92.3% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings decline. Analysts expect Compass Diversified to earn $2.22 per share next year, which means the company should continue to be able to cover its $1.44 annual dividend with an expected future payout ratio of 64.9%.

How to Become a New Pot Stock Millionaire

Shares of CODI stock opened at $16.80 on Tuesday. Compass Diversified has a 12 month low of $15.70 and a 12 month high of $18.35. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.48 and a quick ratio of 1.32.

Compass Diversified (NYSE:CODI) last issued its quarterly earnings results on Wednesday, February 28th. The financial services provider reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.09. Compass Diversified had a return on equity of 2.11% and a net margin of 2.20%. The company had revenue of $348.40 million during the quarter, compared to analyst estimates of $350.99 million. During the same period in the previous year, the company earned ($0.14) earnings per share. The company’s quarterly revenue was up 9.4% compared to the same quarter last year. analysts expect that Compass Diversified will post 1.95 EPS for the current year.

A hedge fund recently raised its stake in Compass Diversified stock. State Street Corp lifted its position in Compass Diversified Holdings (NYSE:CODI) by 0.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 66,276 shares of the financial services provider’s stock after purchasing an additional 276 shares during the quarter. State Street Corp owned 0.11% of Compass Diversified worth $1,157,000 at the end of the most recent reporting period. Institutional investors own 34.72% of the company’s stock.

A number of research analysts have recently commented on the company. Zacks Investment Research lowered Compass Diversified from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 9th. TheStreet lowered Compass Diversified from a “b-” rating to a “c” rating in a report on Wednesday, January 17th. Two analysts have rated the stock with a sell rating, one has given a hold rating and one has given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $20.00.

WARNING: “Compass Diversified Holdings (CODI) To Go Ex-Dividend on April 18th” was first posted by Chaffey Breeze and is owned by of Chaffey Breeze. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of US & international copyright and trademark laws. The legal version of this piece can be read at

About Compass Diversified

Compass Diversified Holdings LLC is a private equity firm specializing in acquisitions, buyouts, industry consolidation, recapitalization, and middle market investments. It seeks to invest in niche industrial or branded consumer companies, manufacturing, distribution, consumer products, and business services sectors.

Dividend History for Compass Diversified (NYSE:CODI)

Receive News & Ratings for Compass Diversified Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Compass Diversified and related companies with's FREE daily email newsletter.

Leave a Reply