Ennis, Inc. to Issue Quarterly Dividend of $0.25 (NYSE:EBF)

Ennis, Inc. (NYSE:EBF - Get Free Report) declared a quarterly dividend on Thursday, December 19th,NASDAQ Dividends reports. Investors of record on Thursday, January 9th will be given a dividend of 0.25 per share by the industrial products company on Thursday, February 6th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.82%. The ex-dividend date is Friday, January 10th.

Ennis has raised its dividend by an average of 1.7% annually over the last three years.

Ennis Trading Up 0.8 %

Shares of EBF traded up $0.17 during midday trading on Wednesday, hitting $20.76. The stock had a trading volume of 139,805 shares, compared to its average volume of 115,421. The business has a 50-day simple moving average of $21.15 and a two-hundred day simple moving average of $22.22. The firm has a market cap of $539.84 million, a P/E ratio of 13.14 and a beta of 0.41. Ennis has a fifty-two week low of $18.88 and a fifty-two week high of $25.75.

Ennis (NYSE:EBF - Get Free Report) last posted its quarterly earnings data on Monday, December 23rd. The industrial products company reported $0.39 EPS for the quarter, hitting analysts' consensus estimates of $0.39. Ennis had a net margin of 10.15% and a return on equity of 11.64%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of Ennis from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, December 11th.

About Ennis

Ennis, Inc manufactures and sells business forms and other business products in the United States. The company offers snap sets, continuous forms, laser cut sheets, tags, labels, envelopes, integrated products, jumbo rolls, and pressure sensitive products under the Ennis, Royal Business Forms, Block Graphics, 360º Custom Labels, ColorWorx, Enfusion, Uncompromised Check Solutions, VersaSeal, Ad Concepts, FormSource Limited, Star Award Ribbon Company, Witt Printing, B&D Litho, Genforms, PrintGraphics, Calibrated Forms, PrintXcel, Printegra, Forms Manufacturers, Mutual Graphics, TRI-C Business Forms, Major Business Systems, Independent Printing, Hoosier Data Forms, Hayes Graphics, Wright Business Graphics, Wright 360, Integrated Print & Graphics, the Flesh Company, Impressions Direct, and AmeriPrint brands.