Crown Crafts, Inc. (NASDAQ:CRWS) Plans Quarterly Dividend of $0.03

Crown Crafts, Inc. (NASDAQ:CRWS) declared a quarterly dividend on Wednesday, August 12th. Investors of record on Friday, September 11th will be paid a dividend of 0.03 per share by the textile maker on Friday, October 2nd. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date is Friday, September 11th.

Crown Crafts has decreased its dividend by an average of 0.1%annually over the last three years.

Crown Crafts Price Performance

Shares of NASDAQ:CRWS opened at $2.97 on Thursday. Crown Crafts has a 1-year low of $2.35 and a 1-year high of $3.17. The company has a current ratio of 3.58, a quick ratio of 1.53 and a debt-to-equity ratio of 0.31. The stock has a market cap of $31.96 million, a PE ratio of 16.50 and a beta of 0.64. The stock’s fifty day simple moving average is $2.91 and its two-hundred day simple moving average is $2.85.

Crown Crafts (NASDAQ:CRWS) last issued its quarterly earnings data on Wednesday, August 12th. The textile maker reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.14 by $0.05. Crown Crafts had a net margin of 2.24% and a return on equity of 4.78%. The business had revenue of $16.77 million during the quarter, compared to the consensus estimate of $20.90 million.

About Crown Crafts

Crown Crafts, Inc (NASDAQ: CRWS) is a U.S.-based designer, marketer and distributor of infant, toddler and juvenile consumer products. The company develops a wide range of softlines and related accessories, including crib and toddler bedding, blankets, decorative pillows, bath towels and washcloths. Since its founding in 1957, Crown Crafts has focused on combining creative design with functional quality to meet the shifting preferences of young families and caregivers.

The company operates two primary business segments.