Ennis, Inc. (NYSE:EBF) Declares Quarterly Dividend of $0.25

Ennis, Inc. (NYSE:EBF) declared a quarterly dividend on Friday, June 19th. Investors of record on Friday, July 10th will be paid a dividend of 0.25 per share by the industrial products company on Monday, August 10th. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date is Friday, July 10th.

Ennis has increased its dividend by an average of 0.0%annually over the last three years.

Ennis Price Performance

Shares of EBF opened at $21.18 on Wednesday. The company has a 50-day simple moving average of $20.65 and a two-hundred day simple moving average of $20.35. The firm has a market capitalization of $535.80 million, a PE ratio of 12.68 and a beta of 0.27. Ennis has a one year low of $16.30 and a one year high of $22.36.

Ennis (NYSE:EBF) last announced its earnings results on Monday, June 22nd. The industrial products company reported $0.39 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.39. Ennis had a return on equity of 13.89% and a net margin of 10.84%.The firm had revenue of $98.61 million during the quarter, compared to analyst estimates of $98.20 million. During the same quarter in the prior year, the company earned $0.38 EPS.

Hedge Funds Weigh In On Ennis

Several institutional investors and hedge funds have recently modified their holdings of the stock. Goldman Sachs Group Inc. boosted its stake in Ennis by 34.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 363,680 shares of the industrial products company’s stock worth $7,306,000 after purchasing an additional 92,266 shares in the last quarter. Empowered Funds LLC bought a new stake in Ennis during the 1st quarter valued at about $319,000. Cetera Investment Advisers raised its holdings in Ennis by 4.6% in the second quarter. Cetera Investment Advisers now owns 14,417 shares of the industrial products company’s stock worth $262,000 after buying an additional 633 shares during the last quarter. Quantbot Technologies LP raised its holdings in Ennis by 399.6% in the second quarter. Quantbot Technologies LP now owns 4,971 shares of the industrial products company’s stock worth $90,000 after buying an additional 3,976 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its stake in shares of Ennis by 18.6% in the second quarter. Arrowstreet Capital Limited Partnership now owns 68,511 shares of the industrial products company’s stock worth $1,243,000 after buying an additional 10,744 shares in the last quarter. 74.33% of the stock is currently owned by institutional investors.

Ennis Company Profile

Ennis, Inc (NYSE: EBF) is a provider of print and related products and services designed to meet the needs of businesses and organizations across a variety of industries. Headquartered in Dallas, Texas, Ennis offers business forms, checks, manuals, labels, promotional signage and specialty packaging. The company also delivers e-commerce and software solutions that enable customers to manage orders, customize print jobs and streamline supply-chain processes through its integrated online platform.

Ennis’s core product offerings include continuous business forms, laser checks and security-enhanced documents, as well as graphic communications materials such as brochures, catalogs and direct-mail collateral.