Educational Development Corp. (EDUC) Announces $0.09 Quarterly Dividend
Educational Development Corp. (NASDAQ:EDUC) announced a quarterly dividend on Tuesday, November 29th. Stockholders of record on Friday, December 9th will be paid a dividend of 0.09 per share on Friday, December 16th. This represents a $0.36 annualized dividend and a dividend yield of 4.00%. The ex-dividend date is Wednesday, December 7th.
Shares of Educational Development Corp. (NASDAQ:EDUC) traded down 1.10% during mid-day trading on Tuesday, hitting $9.00. 7,420 shares of the stock traded hands. The stock has a market cap of $36.68 million, a P/E ratio of 17.65 and a beta of 0.93. Educational Development Corp. has a 12-month low of $8.45 and a 12-month high of $17.59. The firm’s 50 day moving average price is $9.56 and its 200-day moving average price is $11.27.
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About Educational Development Corp.
Educational Development Corporation (EDC) is a publisher of the line of educational children’s books produced in the United Kingdom by Usborne Publishing Limited (Usborne). The Company also owns Kane Miller Book Publishers. The Company sells books through two segments: Home Business Division (Usborne Books & More or UBAM) and Publishing Division (EDC Publishing).
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