Stein Mart, Inc. (SMRT) to Issue Quarterly Dividend of $0.08 on April 14th

Stein Mart, Inc. (NASDAQ:SMRT) announced a quarterly dividend on Tuesday, March 14th. Investors of record on Friday, March 31st will be paid a dividend of 0.075 per share on Friday, April 14th. This represents a $0.30 dividend on an annualized basis and a yield of 10.71%. The ex-dividend date of this dividend is Wednesday, March 29th.

Shares of Stein Mart (NASDAQ:SMRT) opened at 2.80 on Tuesday. The company has a market capitalization of $131.65 million, a PE ratio of 311.11 and a beta of 0.59. Stein Mart has a 52 week low of $2.57 and a 52 week high of $9.23. The company has a 50-day moving average price of $3.28 and a 200-day moving average price of $5.07.

Stein Mart (NASDAQ:SMRT) last released its earnings results on Wednesday, March 8th. The company reported ($0.11) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by $0.06. Stein Mart had a return on equity of 16.09% and a net margin of 0.84%. The company earned $385.50 million during the quarter, compared to analysts’ expectations of $395.92 million. During the same period in the prior year, the company posted $0.17 earnings per share. The company’s revenue was down 2.9% on a year-over-year basis. Analysts predict that Stein Mart will post $0.14 earnings per share for the current year.

Dividend History for Stein Mart (NASDAQ:SMRT)

COPYRIGHT VIOLATION WARNING: “Stein Mart, Inc. (SMRT) to Issue Quarterly Dividend of $0.08 on April 14th” was originally published by Mideast Time and is the property of of Mideast Time. If you are viewing this piece on another publication, it was stolen and republished in violation of international copyright and trademark law. The original version of this piece can be viewed at https://www.mideasttime.com/stein-mart-inc-smrt-to-issue-quarterly-dividend-of-0-08-on-april-14th/1589966.html.

Stein Mart Company Profile

Stein Mart, Inc is a national retailer offering the fashion merchandise, service and presentation of a department or specialty store. The Company offers apparel for women and men, as well as accessories, shoes and home fashions. The Company’s target customers are women over 45 years old. The Company operates approximately 280 stores in over 30 states and an Internet store.

5 Day Chart for NASDAQ:SMRT

Receive News & Ratings for Stein Mart Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stein Mart Inc. and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply

 
© 2006-2017 Mideast Time.