Flanigan’s Enterprises, Inc. (BDL) to Issue Annual Dividend of $0.60 on June 26th

Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL) announced an annual dividend on Thursday, May 21st. Shareholders of record on Wednesday, June 10th will be given a dividend of 0.60 per share on Friday, June 26th. This represents a yield of 181.0%. The ex-dividend date of this dividend is Wednesday, June 10th. This is a 9.1% increase from Flanigan’s Enterprises’s previous annual dividend of $0.55.

Flanigan’s Enterprises Stock Performance

NYSEAMERICAN BDL opened at $33.00 on Monday. The stock’s 50-day simple moving average is $31.72 and its two-hundred day simple moving average is $31.67. Flanigan’s Enterprises has a twelve month low of $26.33 and a twelve month high of $35.98. The company has a quick ratio of 1.47, a current ratio of 1.84 and a debt-to-equity ratio of 0.22. The company has a market capitalization of $61.38 million, a price-to-earnings ratio of 10.28 and a beta of 0.35.

Flanigan’s Enterprises Company Profile

Flanigan’s Enterprises, Inc operates as a regional distributor of beer, wine and distilled spirits, serving a range of retail and on-premise accounts throughout Florida. The company manages a network of wholesale distribution centers and provides a portfolio of both domestic and imported beverage brands. Through its Beverage Distribution & Logistics segment, Flanigan’s delivers products to grocery stores, convenience markets, restaurants, bars and clubs, leveraging its industry relationships to secure a diverse assortment of products for its customers.

To support its distribution operations, Flanigan’s Enterprises maintains warehousing, transportation and inventory management capabilities.