Build-A-Bear Workshop, Inc. (NYSE:BBW) Announces Quarterly Dividend of $0.23

Build-A-Bear Workshop, Inc. (NYSE:BBW) declared a quarterly dividend on Wednesday, March 11th. Investors of record on Thursday, March 26th will be paid a dividend of 0.23 per share by the specialty retailer on Thursday, April 9th. This represents a c) dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Thursday, March 26th. This is a 4.5% increase from Build-A-Bear Workshop’s previous quarterly dividend of $0.22.

Build-A-Bear Workshop has a dividend payout ratio of 20.6% meaning its dividend is sufficiently covered by earnings. Research analysts expect Build-A-Bear Workshop to earn $3.88 per share next year, which means the company should continue to be able to cover its $0.88 annual dividend with an expected future payout ratio of 22.7%.

Build-A-Bear Workshop Stock Performance

Shares of NYSE BBW opened at $43.48 on Thursday. Build-A-Bear Workshop has a 52-week low of $32.55 and a 52-week high of $75.85. The stock has a market cap of $563.10 million, a P/E ratio of 10.00 and a beta of 1.08. The firm has a 50 day moving average price of $56.83 and a 200 day moving average price of $57.85.

Build-A-Bear Workshop (NYSE:BBW) last posted its earnings results on Thursday, March 12th. The specialty retailer reported $1.26 earnings per share for the quarter, missing the consensus estimate of $1.27 by ($0.01). The firm had revenue of $154.51 million during the quarter, compared to analyst estimates of $155.71 million. Build-A-Bear Workshop had a return on equity of 38.43% and a net margin of 10.93%. Analysts predict that Build-A-Bear Workshop will post 3.71 earnings per share for the current fiscal year.

About Build-A-Bear Workshop

Build-A-Bear Workshop, Inc operates a specialty retail business focused on interactive “workshop” experiences that allow customers to create customized stuffed animals. Through its in-store and online platforms, the company offers a wide range of plush toys, apparel, accessories and sound modules, enabling guests to personalize each creation. In addition to its core bear products, Build-A-Bear has expanded its portfolio to include licensed characters from leading entertainment and media franchises.

Founded in 1997 by Maxine Clark and headquartered in St.