Educational Development Corporation (NASDAQ:EDUC) will begin trading ex-dividend on November 18, 2020. The quarterly dividend payment of $ 0.10 per share is scheduled to be paid on December 8, 2020. The dividend yield based on the latest trading day closing price was 2.57 percent. Shareholders who purchased EDUC shares prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
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Educational Development Corporation recently reported second quarter financial results on October 7, 2020, before market open, a publishing company unwinded income for the second quarter of $ 0.51 per share, from the revenue of $ 59.25 million. The quarterly earnings up 325.00 percent while revenues escalated 142.43 percent compared with the same quarter last year.
Stock Performance
On Friday, shares of Educational Development Corporation has traded high as $ 15.83 and has cracked $ 15.09 on the downward trend, reaching $ 15.57 with volume of 73.50 thousand shares.
According to the previous trading day, closing price of $ 15.57, representing a 400.99 % increase from the 52 week low of $ 3.02 and a 24.35 % decrease over the 52 week high of $ 20.00.
The company has a market capital of $ 130.10 million and is part of the Consumer Cyclical sector and Publishing industry.
Educational Development Corporation, a publishing company, operates as a trade co-publisher of the line of educational childrens books in the United States. The company offers various books, including Touchy-Feely board books, activity and flashcards, adventure and search books, art books, sticker books, and foreign language books, as well as science and math titles, and chapter books and novels. It operates through two divisions, Home Business and Publishing.
