Emerald Holding, Inc. (NYSE:EEX) to Issue $0.02 Quarterly Dividend

Emerald Holding, Inc. (NYSE:EEX - Get Free Report) declared a quarterly dividend on Tuesday, February 25th, Wall Street Journal reports. Shareholders of record on Monday, March 10th will be given a dividend of 0.015 per share on Thursday, March 20th. This represents a $0.06 annualized dividend and a yield of 1.49%. The ex-dividend date of this dividend is Monday, March 10th.

Emerald has a dividend payout ratio of 24.0% meaning its dividend is sufficiently covered by earnings.

Emerald Stock Performance

EEX traded down $0.08 during trading on Monday, hitting $4.04. 159,382 shares of the stock were exchanged, compared to its average volume of 146,125. The firm has a market capitalization of $819.04 million, a P/E ratio of -7.47 and a beta of 1.43. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 1.02. The stock has a fifty day moving average price of $4.56 and a two-hundred day moving average price of $4.73. Emerald has a 1-year low of $3.92 and a 1-year high of $7.05.

Emerald Company Profile

Emerald Holding, Inc operates business-to-business (B2B) trade shows in the United States. The company provides B2B trade show franchises; and B2B print publications and digital media products, which provide industry specific business news and information across various sectors. It also offers B2B e-commerce and digital merchandising solutions to manufacturers and retailers through Elastic Suite and Bulletin platforms.