SWK Holdings Co. 9.00% Senior Notes due 2027 (SWKHL) to Issue Quarterly Dividend of $0.56 on June 30th

SWK Holdings Co. 9.00% Senior Notes due 2027 (NASDAQ:SWKHL) announced a quarterly dividend on Friday, January 1st. Investors of record on Monday, June 15th will be paid a dividend of 0.5625 per share on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 8.8%. The ex-dividend date is Monday, June 15th.

SWK Holdings Co. 9.00% Senior Notes due 2027 Stock Down 0.1%

NASDAQ:SWKHL traded down $0.03 during mid-day trading on Friday, hitting $25.64. The stock had a trading volume of 498 shares, compared to its average volume of 3,528. The stock has a 50-day simple moving average of $25.47 and a two-hundred day simple moving average of $25.53. SWK Holdings Co. 9.00% Senior Notes due 2027 has a twelve month low of $25.13 and a twelve month high of $25.92.

SWK Holdings Company is the indirect parent of Formica Corporation and related surfacing businesses. The company’s primary business activities center on the design, manufacturing and distribution of decorative surfacing materials for residential, commercial and industrial applications. Its product lines include high-pressure laminate, engineered quartz and solid surface sheets used in countertops, wall panels and furniture surfaces.

Under brands such as Formica® and Resopal®, SWK Holdings serves cabinet, furniture and flooring manufacturers, as well as commercial distributors.