CSS Industries Inc. (CSS) To Go Ex-Dividend on November 29th
CSS Industries Inc. (NYSE:CSS) announced a quarterly dividend on Wednesday, October 26th. Stockholders of record on Thursday, December 1st will be paid a dividend of 0.20 per share on Thursday, December 15th. This represents a $0.80 annualized dividend and a dividend yield of 3.01%. The ex-dividend date of this dividend is Tuesday, November 29th.
Shares of CSS Industries (NYSE:CSS) opened at 26.60 on Thursday. The stock’s 50 day moving average price is $25.34 and its 200 day moving average price is $26.25. CSS Industries has a 12 month low of $23.84 and a 12 month high of $29.90. The stock has a market capitalization of $241.45 million, a price-to-earnings ratio of 18.85 and a beta of 0.94.
CSS Industries (NYSE:CSS) last released its quarterly earnings results on Tuesday, October 25th. The company reported $0.77 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.27 by $0.50. CSS Industries had a net margin of 4.15% and a return on equity of 4.98%. Analysts expect that CSS Industries will post $1.97 EPS for the current year.
In other CSS Industries news, EVP Vincent A. Paccapaniccia sold 2,427 shares of the business’s stock in a transaction on Friday, September 16th. The stock was sold at an average price of $25.05, for a total value of $60,796.35. Following the sale, the executive vice president now directly owns 22,334 shares of the company’s stock, valued at $559,466.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Vincent A. Paccapaniccia sold 5,466 shares of the business’s stock in a transaction on Wednesday, September 14th. The stock was sold at an average price of $25.32, for a total value of $138,399.12. Following the completion of the sale, the executive vice president now directly owns 26,917 shares in the company, valued at $681,538.44. The disclosure for this sale can be found here. Corporate insiders own 7.80% of the company’s stock.
Separately, TheStreet lowered CSS Industries from a “buy” rating to a “hold” rating in a research report on Tuesday, September 20th.
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CSS Industries Company Profile
CSS Industries, Inc is a consumer products company, which is engaged in the design, manufacture, procurement, distribution and sale of non-durable all occasion and seasonal social expression products, principally to mass market retailers in the United States and Canada. The Company’s occasion and seasonal products include classroom exchange Valentines, infant products, journals, buttons, gift wrap, floral accessories, craft and educational products, Easter egg dyes and novelties, memory books, scrapbooks, stickers, stationery and other items.
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