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

Ennis, Inc. (NYSE:EBF) declared a quarterly dividend on Monday, March 24th, RTT News reports. Stockholders of record on Monday, April 14th will be given a dividend of 0.25 per share by the industrial products company on Monday, May 5th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 5.09%.

Ennis has increased its dividend payment by an average of 0.9% per year over the last three years.

Ennis Stock Performance

Shares of NYSE EBF opened at $19.64 on Tuesday. The stock has a 50 day moving average price of $20.86 and a 200 day moving average price of $21.47. The stock has a market capitalization of $510.77 million, a PE ratio of 12.35 and a beta of 0.40. Ennis has a 52 week low of $18.88 and a 52 week high of $25.75.

Ennis (NYSE:EBF) last posted its quarterly earnings results on Monday, December 23rd. The industrial products company reported $0.39 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.39. Ennis had a net margin of 10.35% and a return on equity of 12.16%.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Ennis from a “buy” rating to a “strong-buy” rating in a report on Friday, February 21st.

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.