SWK Holdings Co. 9.00% Senior Notes due 2027 (NASDAQ:SWKHL) to Issue $0.56 Quarterly Dividend

SWK Holdings Co. 9.00% Senior Notes due 2027 (NASDAQ:SWKHL) declared a quarterly dividend on Friday, January 1st. Investors of record on Monday, June 15th will be given a dividend of 0.5625 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 8.8%. The ex-dividend date of this dividend is Monday, June 15th.

SWK Holdings Co. 9.00% Senior Notes due 2027 Stock Down 0.1%

Shares of SWKHL stock traded down $0.03 during trading on Friday, reaching $25.64. 498 shares of the company’s stock were exchanged, compared to its average volume of 3,528. The firm’s fifty day moving average price is $25.47 and its 200-day moving average price is $25.53. SWK Holdings Co. 9.00% Senior Notes due 2027 has a twelve month low of $25.13 and a twelve month high of $25.92.

SWK Holdings Company is the indirect parent of Formica Corporation and related surfacing businesses. The company’s primary business activities center on the design, manufacturing and distribution of decorative surfacing materials for residential, commercial and industrial applications. Its product lines include high-pressure laminate, engineered quartz and solid surface sheets used in countertops, wall panels and furniture surfaces.

Under brands such as Formica® and Resopal®, SWK Holdings serves cabinet, furniture and flooring manufacturers, as well as commercial distributors.