Barnes & Noble Education, Inc (NYSE:BNED) Shares Will Pay Quarterly Dividend of $0.08

Barnes & Noble Education, Inc (NYSE:BNED) declared a quarterly dividend on Thursday, September 24th. Stockholders of record on Wednesday, October 14th will be paid a dividend of $0.08 per share by the specialty retailer on Thursday, October 29th. This represents a $0.32 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Wednesday, October 14th.

Barnes & Noble Education Trading Down 0.5%

Shares of Barnes & Noble Education stock opened at $11.07 on Friday. The company has a market capitalization of $383.97 million, a P/E ratio of 17.30 and a beta of 1.27. The company has a current ratio of 1.66, a quick ratio of 0.64 and a debt-to-equity ratio of 0.44. Barnes & Noble Education has a 12-month low of $5.90 and a 12-month high of $14.75. The stock has a fifty day simple moving average of $12.00 and a 200 day simple moving average of $10.93.

Barnes & Noble Education (NYSE:BNED) last posted its earnings results on Tuesday, September 8th. The specialty retailer reported ($0.37) EPS for the quarter, topping analysts’ consensus estimates of ($0.48) by $0.11. Barnes & Noble Education had a net margin of 1.29% and a return on equity of 8.77%. The business had revenue of $290.60 million during the quarter, compared to the consensus estimate of $306.66 million. On average, sell-side analysts anticipate that Barnes & Noble Education will post 0.79 earnings per share for the current fiscal year.

Barnes & Noble Education Company Profile

Barnes & Noble Education, Inc (NYSE: BNED) is an education services company that supports colleges, universities and their students across the United States. Through institutional partnerships, the company provides retail, digital and operational solutions designed to support the delivery of course materials and campus-related products and services.

Its Barnes & Noble College business operates physical and online campus bookstores, offering new and used textbooks, textbook rentals, digital course materials, general merchandise, school apparel, supplies, technology products and convenience items.