Build-A-Bear Workshop, Inc. (BBW) to Issue Quarterly Dividend of $0.22 on April 10th

Build-A-Bear Workshop, Inc. (NYSE:BBW) declared a quarterly dividend on Wednesday, March 12th, RTT News reports. Stockholders of record on Thursday, March 27th will be given a dividend of 0.22 per share by the specialty retailer on Thursday, April 10th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.49%. The ex-dividend date is Thursday, March 27th. This is a 10.0% increase from Build-A-Bear Workshop’s previous quarterly dividend of $0.20.

Build-A-Bear Workshop Stock Performance

BBW opened at $35.36 on Friday. The stock has a market cap of $475.17 million, a price-to-earnings ratio of 9.40 and a beta of 1.50. The stock’s 50 day moving average price is $40.47 and its 200-day moving average price is $38.21. Build-A-Bear Workshop has a one year low of $23.63 and a one year high of $48.23.

Insider Buying and Selling

In related news, CFO Vojin Todorovic sold 15,000 shares of the stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $41.55, for a total value of $623,250.00. Following the transaction, the chief financial officer now owns 75,695 shares of the company’s stock, valued at $3,145,127.25. This represents a 16.54 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Sharon Price John sold 53,962 shares of the stock in a transaction on Friday, January 10th. The shares were sold at an average price of $42.02, for a total value of $2,267,483.24. Following the sale, the chief executive officer now directly owns 293,858 shares in the company, valued at $12,347,913.16. This trade represents a 15.51 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 161,666 shares of company stock valued at $7,010,081 over the last quarter. 7.90% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on BBW shares. DA Davidson upped their target price on Build-A-Bear Workshop from $40.00 to $50.00 and gave the company a “buy” rating in a research note on Friday, December 6th. StockNews.com raised Build-A-Bear Workshop from a “hold” rating to a “buy” rating in a research note on Thursday. Finally, Northland Securities upped their target price on Build-A-Bear Workshop from $38.00 to $55.00 and gave the company an “outperform” rating in a research note on Friday, December 6th.

Build-A-Bear Workshop Company Profile

Build-A-Bear Workshop, Inc operates as a multi-channel retailer of plush animals and related products in the United States, Canada, the United Kingdom, Ireland, and internationally. The company operates through three segments: Direct-to-Consumer, Commercial, and International Franchising. Its merchandise comprises various styles of plush products to be stuffed, pre-stuffed plush products, and sounds and scents that can be added to the stuffed animals, as well as range of clothing, shoes and accessories, and other toy and novelty items, including family sleepwear.