HeartCore Enterprises, Inc. Announces Quarterly Dividend of $0.02 (NASDAQ:HTCR)

HeartCore Enterprises, Inc. (NASDAQ:HTCR) declared a quarterly dividend on Monday, July 22nd, Zacks reports. Shareholders of record on Monday, August 19th will be paid a dividend of 0.02 per share on Monday, August 26th. This represents a $0.08 annualized dividend and a yield of 11.60%. The ex-dividend date is Monday, August 19th.

HeartCore Enterprises has a dividend payout ratio of 57.1% indicating that its dividend is sufficiently covered by earnings. Analysts expect HeartCore Enterprises to earn $0.15 per share next year, which means the company should continue to be able to cover its $0.08 annual dividend with an expected future payout ratio of 53.3%.

HeartCore Enterprises Trading Up 2.4 %

HeartCore Enterprises stock opened at $0.69 on Friday. The stock has a market cap of $14.39 million, a P/E ratio of -1.97 and a beta of 1.51. HeartCore Enterprises has a fifty-two week low of $0.36 and a fifty-two week high of $1.26. The firm’s fifty day moving average price is $0.70 and its 200-day moving average price is $0.77. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.82 and a current ratio of 0.82.

HeartCore Enterprises Company Profile

HeartCore Enterprises, Inc, a software development company, provides Software as a Service solutions to enterprise customers in Japan and internationally. Its customer experience management platform includes marketing, sales, service, and content management systems, as well as other tools and integrations, which enable companies to enhance the customer experience and drive engagement.