Bed Bath & Beyond Inc. (BBBY) Declares Quarterly Dividend of $0.15
Bed Bath & Beyond Inc. (NASDAQ:BBBY) announced a quarterly dividend on Wednesday, December 20th, RTT News reports. Shareholders of record on Friday, March 16th will be given a dividend of 0.15 per share by the retailer on Tuesday, April 17th. This represents a $0.60 annualized dividend and a yield of 2.67%. The ex-dividend date of this dividend is Thursday, March 15th.
Bed Bath & Beyond (NASDAQ BBBY) opened at $22.50 on Wednesday. Bed Bath & Beyond has a 52-week low of $19.07 and a 52-week high of $40.76. The stock has a market capitalization of $3,228.50, a P/E ratio of 6.28, a PEG ratio of -4.06 and a beta of 1.10. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.31 and a current ratio of 1.67.
Bed Bath & Beyond (NASDAQ:BBBY) last announced its earnings results on Wednesday, December 20th. The retailer reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.07. Bed Bath & Beyond had a return on equity of 19.07% and a net margin of 4.11%. The firm had revenue of $2.95 billion for the quarter, compared to analyst estimates of $2.90 billion. During the same quarter last year, the firm posted $0.85 EPS. The business’s revenue was down 1.4% on a year-over-year basis. analysts expect that Bed Bath & Beyond will post 3.01 earnings per share for the current fiscal year.
In related news, VP Matthew Fiorilli sold 16,957 shares of the stock in a transaction on Thursday, December 28th. The stock was sold at an average price of $22.62, for a total value of $383,567.34. Following the completion of the transaction, the vice president now directly owns 97,419 shares of the company’s stock, valued at approximately $2,203,617.78. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 5.00% of the stock is currently owned by corporate insiders.
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Bed Bath & Beyond Company Profile
Bed Bath & Beyond Inc is a retailer, which operates under the names Bed Bath & Beyond (BBB), Christmas Tree Shops, Christmas Tree Shops andThat! or andThat! (collectively, CTS), Harmon or Harmon Face Values (collectively, Harmon), buybuy BABY (Baby) and World Market, Cost Plus World Market or Cost Plus (collectively, Cost Plus World Market).
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