Educational Development Corp. (EDUC) Announces $0.09 Quarterly Dividend
Educational Development Corp. (NASDAQ:EDUC) announced a quarterly dividend on Tuesday, November 29th. Shareholders of record on Friday, December 9th will be given a dividend of 0.09 per share on Friday, December 16th. This represents a $0.36 dividend on an annualized basis and a yield of 4.00%. The ex-dividend date is Wednesday, December 7th.
Educational Development Corp. (NASDAQ:EDUC) traded down 1.10% during mid-day trading on Tuesday, reaching $9.00. 7,420 shares of the company’s stock were exchanged. The firm’s 50-day moving average is $9.56 and its 200 day moving average is $11.27. The stock has a market capitalization of $36.68 million, a PE ratio of 17.65 and a beta of 0.93. Educational Development Corp. has a 1-year low of $8.45 and a 1-year high of $17.59.
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About Educational Development Corp.
Educational Development Corporation (EDC) is a publisher of the line of educational children’s books produced in the United Kingdom by Usborne Publishing Limited (Usborne). The Company also owns Kane Miller Book Publishers. The Company sells books through two segments: Home Business Division (Usborne Books & More or UBAM) and Publishing Division (EDC Publishing).
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