Ennis, Inc. (NYSE:EBF) to Issue $0.25 Quarterly Dividend

Ennis, Inc. (NYSE:EBF) announced a quarterly dividend on Thursday, December 19th,NASDAQ Dividends reports. Shareholders of record on Thursday, January 9th will be given a dividend of 0.25 per share by the industrial products company on Thursday, February 6th. This represents a $1.00 annualized dividend and a yield of 4.84%. The ex-dividend date of this dividend is Friday, January 10th.

Ennis has raised its dividend by an average of 1.7% per year over the last three years.

Ennis Stock Down 1.2 %

NYSE:EBF opened at $20.64 on Wednesday. The firm has a market cap of $536.72 million, a PE ratio of 13.06 and a beta of 0.41. Ennis has a 12 month low of $18.88 and a 12 month high of $25.75. The company’s 50-day moving average price is $21.15 and its two-hundred day moving average price is $22.22.

Ennis (NYSE:EBF) last announced its quarterly earnings data on Monday, December 23rd. The industrial products company reported $0.39 earnings per share for the quarter, meeting the consensus estimate of $0.39. Ennis had a net margin of 10.15% and a return on equity of 11.64%.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Ennis from a “strong-buy” rating to a “buy” rating in a report on Wednesday, December 11th.

About Ennis

Ennis, Inc manufactures and sells business forms and other business products in the United States. The company offers snap sets, continuous forms, laser cut sheets, tags, labels, envelopes, integrated products, jumbo rolls, and pressure sensitive products under the Ennis, Royal Business Forms, Block Graphics, 360º Custom Labels, ColorWorx, Enfusion, Uncompromised Check Solutions, VersaSeal, Ad Concepts, FormSource Limited, Star Award Ribbon Company, Witt Printing, B&D Litho, Genforms, PrintGraphics, Calibrated Forms, PrintXcel, Printegra, Forms Manufacturers, Mutual Graphics, TRI-C Business Forms, Major Business Systems, Independent Printing, Hoosier Data Forms, Hayes Graphics, Wright Business Graphics, Wright 360, Integrated Print & Graphics, the Flesh Company, Impressions Direct, and AmeriPrint brands.