Cryo-Cell International, Inc. (NYSEAMERICAN:CCEL - Get Free Report) declared a quarterly dividend on Wednesday, January 29th,Wall Street Journal reports. Shareholders of record on Friday, February 14th will be paid a dividend of 0.25 per share on Friday, February 28th. This represents a $1.00 dividend on an annualized basis and a yield of 13.21%. The ex-dividend date of this dividend is Friday, February 14th.
Cryo-Cell International has a payout ratio of 370.4% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.
Cryo-Cell International Stock Down 2.8 %
CCEL stock traded down $0.22 during trading on Monday, hitting $7.57. 14,714 shares of the stock traded hands, compared to its average volume of 10,558. The company has a market capitalization of $61.01 million, a P/E ratio of -7.14 and a beta of 0.53. Cryo-Cell International has a one year low of $4.47 and a one year high of $9.50.
Cryo-Cell International Company Profile
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Cryo-Cell International, Inc engages in the cellular processing and cryogenic cellular storage with a focus on the collection and preservation of umbilical cord blood stem cells for family use. It provides cord tissue service that stores a section of the umbilical cord tissue, a source of mesenchymal stem cells that are used in regenerative medicine to treat a range of conditions, including heart, and kidney disease, ALS, wound healing, auto-immune diseases, multiple sclerosis, Alzheimer's disease, Parkinson's diseases.
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