Burnham (OTCMKTS:BURCA) Releases Quarterly Earnings Results

Burnham (OTCMKTS:BURCA) issued its quarterly earnings results on Monday. The industrial products company reported $0.64 EPS for the quarter, reports. Burnham had a net margin of 3.79% and a return on equity of 9.90%. The business had revenue of $56.00 million for the quarter.

Burnham Stock Performance

Shares of OTCMKTS BURCA opened at $12.90 on Thursday. The company has a quick ratio of 1.04, a current ratio of 2.57 and a debt-to-equity ratio of 0.27. The firm’s 50-day moving average price is $13.10 and its two-hundred day moving average price is $12.35. Burnham has a 52-week low of $11.50 and a 52-week high of $15.01. The stock has a market capitalization of $42.83 million, a P/E ratio of 6.45 and a beta of 0.26.

Burnham Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, March 21st were given a dividend of $0.23 per share. The ex-dividend date was Wednesday, March 20th. This represents a $0.92 annualized dividend and a dividend yield of 7.13%. Burnham’s payout ratio is 46.00%.

About Burnham

Burnham Holdings, Inc designs, manufactures, and sells boilers and related heating, ventilation, and air conditioning products and accessories for residential, commercial, and industrial applications in the United States and internationally. Its residential hydronic heating products include cast iron, stainless steel, and steel boilers; cast iron and steel heat distribution products; radiators; and warm air furnaces and central air conditioning systems for the residential heating and cooling markets, including units for the manufactured housing industry.