Barnes & Noble Education, Inc (NYSE:BNED) Plans $0.08 Quarterly Dividend

Barnes & Noble Education, Inc (NYSE:BNED) announced a quarterly dividend on Wednesday, June 24th. Stockholders of record on Thursday, July 16th will be given a dividend of 0.08 per share by the specialty retailer on Thursday, July 30th. This represents a c) annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Thursday, July 16th.

Barnes & Noble Education Stock Up 3.8%

BNED opened at $11.11 on Thursday. Barnes & Noble Education has a fifty-two week low of $5.90 and a fifty-two week high of $12.18. The firm has a market capitalization of $381.04 million, a P/E ratio of -34.72 and a beta of 1.32. The company’s 50-day moving average is $10.35 and its 200 day moving average is $9.36. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.42 and a quick ratio of 0.86.

About Barnes & Noble Education

Barnes & Noble Education, Inc (NYSE: BNED) is a leading provider of educational products and services to the higher education community. The company operates retail campus bookstores under Barnes & Noble College, offering course materials, general merchandise, and digital content. In addition, Barnes & Noble Education delivers educational technology solutions through its digital learning platform and supplemental courseware.

Originally part of Barnes & Noble, Inc, the company completed its spin-off and initial public offering in February 2015 to focus exclusively on college retail and digital learning.