Smith & Wesson Brands, Inc. (SWBI) To Go Ex-Dividend on September 17th

Smith & Wesson Brands, Inc. (NASDAQ:SWBIGet Free Report) announced a quarterly dividend on Thursday, September 3rd. Stockholders of record on Thursday, September 17th will be paid a dividend of 0.13 per share on Thursday, October 1st. This represents a c) annualized dividend and a dividend yield of 3.9%. The ex-dividend date is Thursday, September 17th.

Smith & Wesson Brands has decreased its dividend payment by an average of 0.4%annually over the last three years and has raised its dividend annually for the last 4 consecutive years.

Smith & Wesson Brands Price Performance

Shares of NASDAQ SWBI opened at $13.20 on Tuesday. The stock’s 50-day simple moving average is $14.18 and its 200-day simple moving average is $14.49. The firm has a market capitalization of $591.89 million, a PE ratio of 24.44 and a beta of 0.86. Smith & Wesson Brands has a fifty-two week low of $8.14 and a fifty-two week high of $17.56. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.98 and a current ratio of 3.62.

Smith & Wesson Brands (NASDAQ:SWBIGet Free Report) last announced its quarterly earnings results on Thursday, September 3rd. The company reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.12. The firm had revenue of $129.37 million during the quarter, compared to the consensus estimate of $98.70 million. Smith & Wesson Brands had a return on equity of 6.60% and a net margin of 4.44%.The firm’s quarterly revenue was up 32.3% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.08) earnings per share. As a group, equities research analysts forecast that Smith & Wesson Brands will post 0.55 EPS for the current fiscal year.

About Smith & Wesson Brands

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Smith & Wesson Brands, Inc is an American firearms manufacturer that designs, manufactures, and sells handguns, modern sporting rifles, and related firearms products. Its portfolio includes Smith & Wesson-branded pistols and revolvers, M&P modern sporting rifles and pistols, and firearms produced through its Performance Center. The company serves the consumer, sporting, hunting, personal protection, and law-enforcement markets.

Smith & Wesson traces its history to 1852, when Horace Smith and Daniel B.

Further Reading

Dividend History for Smith & Wesson Brands (NASDAQ:SWBI)

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