Crown Crafts, Inc. (NASDAQ:CRWS) will begin trading ex-dividend on December 10, 2020. The quarterly dividend payment of $ 0.08 per share is scheduled to be paid on December 31, 2020. The dividend yield based on the latest trading day closing price was 3.98 percent. Shareholders who purchased CRWS shares prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
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Crown Crafts, Inc. recently reported second quarter financial results on November 10, 2020, after market close, apparel clothing specialist revealed income for the second quarter of $ 0.24 per share, from the revenue of $ 21.66 million. The quarterly earnings increased 33.33 percent while revenues boosted 16.70 percent compared with the same quarter last year.
According to street consensus, CRWS was expected to report 2Q21 income of $ 0.17 per share from revenue of $ 18.70 million. The bottom line results beat street analysts by $ 0.07 or 41.18 percent, at the same time, top line results outshined analysts by $ 2.96 million or 15.83 percent.
Stock Performance
Shares of Crown Crafts, Inc. traded up $ 0.00 or 0.00 percent on Tuesday, reaching $ 8.04 with volume of 43.30 thousand shares. Crown Crafts, Inc. has traded high as $ 8.19 and has cracked $ 8.02 on the downward trend
According to the previous trading day, closing price of $ 8.04, representing a 94.67 % increase from the 52 week low of $ 4.13 and a 1.83 % decrease over the 52 week high of $ 8.19.
The company has a market capital of $ 82.24 million and is part of the Consumer Cyclical sector and Apparel Manufacturing industry.
Crown Crafts, Inc., through its subsidiaries, operates in the consumer products industry in the United States and internationally. It provides infant, toddler, and juvenile products, including infant and toddler beddings; blankets and swaddle blankets; nursery and toddler accessories; room décors; reusable and disposable bibs; burp cloths; hooded bath towels and washcloths; reusable and disposable placemats, and floor mats; disposable toilet seat covers and changing mats; developmental toys; feeding and care goods; and other infant, toddler, and juvenile soft goods. The company sells its products primarily to mass merchants, mid-tier retailers, juvenile specialty stores, value channel stores, grocery and drug stores, restaurants, Internet accounts, and wholesale clubs through a network of sales force and independent commissioned sales representatives.
