Cricut, Inc. (NASDAQ:CRCT – Get Free Report) announced a dividend on Friday, May 1st. Shareholders of record on Tuesday, July 7th will be paid a dividend of 0.10 per share on Tuesday, July 21st. This represents a yield of 474.0%. The ex-dividend date of this dividend is Tuesday, July 7th.
Cricut has a dividend payout ratio of 87.0% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings fall. Research analysts expect Cricut to earn $0.18 per share next year, which means the company may not be able to cover its $0.20 annual dividend with an expected future payout ratio of 111.1%.
Cricut Price Performance
Shares of NASDAQ:CRCT opened at $4.46 on Friday. Cricut has a 1 year low of $3.73 and a 1 year high of $7.33. The firm’s 50-day moving average is $4.29 and its two-hundred day moving average is $4.40. The firm has a market capitalization of $936.15 million, a PE ratio of 12.74 and a beta of 0.18.
Cricut Company Profile
Cricut, Inc (NASDAQ: CRCT) is a U.S.-based technology company specializing in personal and small-business crafting solutions. The company designs and markets a family of cutting machines that leverage computer-aided design to precisely cut a wide range of materials, including paper, vinyl, fabric and leather. Complementing its hardware offerings, Cricut provides proprietary software and mobile applications that enable users to create custom artwork, import graphics and access a vast library of pre-designed projects and fonts through a subscription service.
Founded as a division of Provo Craft & Novelty in 2005, Cricut emerged as an independent public company in March 2021.
Further Reading
- Five stocks we like better than Cricut
- These Stocks Could Win as Wall Street Looks Beyond AI Software
- D.R. Horton Is Defying the Housing Gloom
- Why Flywire and Airbnb Could Be Quiet Winners of a Ceasefire
- Broadcom and OpenAI Unveil JalapeƱo: An Early Step to Massive AI Growth Potential
Receive News & Ratings for Cricut Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cricut and related companies with MarketBeat.com's FREE daily email newsletter.
