Emerald Holding, Inc. (EEX) to Issue Quarterly Dividend of $0.02 on June 1st

Emerald Holding, Inc. (NYSE:EEX) announced a quarterly dividend on Friday, May 8th. Shareholders of record on Thursday, May 21st will be given a dividend of 0.015 per share on Monday, June 1st. This represents a c) annualized dividend and a yield of 1.2%. The ex-dividend date is Thursday, May 21st.

Emerald has decreased its dividend by an average of 0.1%annually over the last three years. Emerald has a dividend payout ratio of 28.6% meaning its dividend is sufficiently covered by earnings.

Emerald Trading Up 0.1%

Shares of EEX stock opened at $5.00 on Tuesday. The firm has a market cap of $988.56 million, a P/E ratio of -26.29 and a beta of 0.55. Emerald has a 1-year low of $3.32 and a 1-year high of $5.45. The company has a debt-to-equity ratio of 1.47, a current ratio of 0.91 and a quick ratio of 0.91. The firm’s 50-day simple moving average is $4.64 and its 200-day simple moving average is $4.47.

Emerald (NYSE:EEX) last released its earnings results on Monday, May 11th. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.06). The company had revenue of $155.40 million during the quarter, compared to analysts’ expectations of $155.40 million. Emerald had a negative net margin of 8.24% and a negative return on equity of 10.81%.

Emerald Company Profile

Emerald (NYSE: EEX) is a global provider of independent data, news and analytics for commodity, financial and energy markets. The company operates digital platforms that deliver real-time and historical price assessments, market commentary, research reports and risk-management tools. Its subscriber base spans traders, asset managers, corporate hedgers and financial institutions seeking timely intelligence to support trading, risk management and investment decisions.

Serving clients across North America, Europe and Asia-Pacific, Emerald covers a broad range of markets including metals, energy products, agriculture, freight, environmental emissions and treasury benchmarks.