Barnes & Noble, Inc. (NYSE:BKS) announced a quarterly dividend on Wednesday, June 13th, RTT News reports. Stockholders of record on Friday, July 6th will be given a dividend of 0.15 per share by the specialty retailer on Friday, July 27th. This represents a $0.60 annualized dividend and a dividend yield of 10.26%.
Barnes & Noble has a dividend payout ratio of 117.6% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.
NYSE:BKS opened at $5.85 on Thursday. Barnes & Noble has a one year low of $4.10 and a one year high of $8.41. The company has a quick ratio of 0.14, a current ratio of 0.99 and a debt-to-equity ratio of 0.13. The stock has a market cap of $447.68 million, a PE ratio of 13.60 and a beta of 2.06.
Barnes & Noble Company Profile
Barnes & Noble, Inc operates as a content and commerce company in the United States. Barnes & Noble, Inc operates as a retailer of books, content, digital media, and educational products. It sells trade books, including hardcover and paperback titles; mass market paperbacks, such as mystery, romance, science fiction, and other fiction; and children's books, eBooks and other digital content, NOOK and related accessories, bargain books, magazines, gifts, café products and services, educational toys and games, and music and movies.
Receive News & Ratings for Barnes & Noble Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barnes & Noble and related companies with MarketBeat.com's FREE daily email newsletter.