Crown Crafts, Inc. (NASDAQ:CRWS) Shareholders to Collect $0.03 Quarterly Dividend

Crown Crafts, Inc. (NASDAQ:CRWS) announced a quarterly dividend on Thursday, November 12th. Shareholders of record on Friday, December 11th will be given a dividend of $0.03 per share by the textile maker on Monday, January 4th. This represents a $0.12 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date is Friday, December 11th.

Crown Crafts has decreased its dividend by an average of 0.1% annually over the last three years.

Crown Crafts Stock Down 1.6%

CRWS stock opened at $2.43 on Friday. The company has a current ratio of 3.20, a quick ratio of 1.40 and a debt-to-equity ratio of 0.19. Crown Crafts has a twelve month low of $2.30 and a twelve month high of $3.14. The company’s 50 day moving average is $2.50 and its two-hundred day moving average is $2.77. The stock has a market cap of $26.15 million, a P/E ratio of 5.17 and a beta of 0.68.

Crown Crafts (NASDAQ:CRWS) last released its quarterly earnings data on Thursday, November 12th. The textile maker reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.02). Crown Crafts had a net margin of 5.99% and a return on equity of 12.79%. The company had revenue of $19.03 million during the quarter, compared to analyst estimates of $20.90 million.

Crown Crafts Company Profile

Crown Crafts, Inc. is a consumer products company that designs, markets and distributes products for infants, toddlers and young children. Its offerings include feeding and care products, bibs, bath accessories, developmental toys, activity products, nursery bedding, blankets and other nursery accessories. The company sells products through mass-market retailers, specialty stores and e-commerce channels. Crown Crafts markets products under proprietary brands such as Neat Solutions and Sassy, as well as through licensed brands and designs.