Emerald Holding, Inc. (EEX) to Issue Quarterly Dividend of $0.02 on June 1st

by · The Cerbat Gem

Emerald Holding, Inc. (NYSE:EEX – Get Free Report) declared a quarterly dividend on Friday, May 8th. Stockholders of record on Thursday, May 21st will be given a dividend of 0.015 per share on Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, May 21st.

Emerald has decreased its dividend payment by an average of 0.1%annually over the last three years. Emerald has a dividend payout ratio of 28.6% indicating that its dividend is sufficiently covered by earnings.

Emerald Trading Up 0.1%

Shares of NYSE:EEX opened at $5.00 on Tuesday. The stock’s 50-day simple moving average is $4.64 and its two-hundred day simple moving average is $4.47. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.91 and a current ratio of 0.91. The stock has a market capitalization of $988.56 million, a price-to-earnings ratio of -26.29 and a beta of 0.55. Emerald has a 52-week low of $3.32 and a 52-week high of $5.45.

Emerald (NYSE:EEX – Get Free Report) last released its earnings results on Monday, May 11th. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.06). The company had revenue of $155.40 million for the quarter, compared to analysts’ expectations of $155.40 million. Emerald had a negative net margin of 8.24% and a negative return on equity of 10.81%.

About Emerald

(Get Free Report)

Emerald (NYSE: EEX) is a global provider of independent data, news and analytics for commodity, financial and energy markets. The company operates digital platforms that deliver real-time and historical price assessments, market commentary, research reports and risk-management tools. Its subscriber base spans traders, asset managers, corporate hedgers and financial institutions seeking timely intelligence to support trading, risk management and investment decisions.

Serving clients across North America, Europe and Asia-Pacific, Emerald covers a broad range of markets including metals, energy products, agriculture, freight, environmental emissions and treasury benchmarks.

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