Barnes & Noble Education, Inc to Issue Quarterly Dividend of $0.08 (NYSE:BNED)

Barnes & Noble Education, Inc (NYSE:BNED) declared a quarterly dividend on Wednesday, June 24th. Stockholders of record on Thursday, July 16th will be given a dividend of 0.08 per share by the specialty retailer on Thursday, July 30th. This represents a c) dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Thursday, July 16th.

Barnes & Noble Education Trading Up 3.8%

Shares of BNED stock opened at $11.11 on Thursday. The company has a 50 day moving average of $10.35 and a 200-day moving average of $9.36. The company has a quick ratio of 0.86, a current ratio of 1.42 and a debt-to-equity ratio of 0.48. Barnes & Noble Education has a 12-month low of $5.90 and a 12-month high of $12.18. The firm has a market cap of $381.04 million, a P/E ratio of -34.72 and a beta of 1.32.

About Barnes & Noble Education

Barnes & Noble Education, Inc (NYSE: BNED) is a leading provider of educational products and services to the higher education community. The company operates retail campus bookstores under Barnes & Noble College, offering course materials, general merchandise, and digital content. In addition, Barnes & Noble Education delivers educational technology solutions through its digital learning platform and supplemental courseware.

Originally part of Barnes & Noble, Inc, the company completed its spin-off and initial public offering in February 2015 to focus exclusively on college retail and digital learning.