SWK Holdings Co. 9.00% Senior Notes due 2027 (SWKHL) Projected to Announce Quarterly Earnings on Monday

SWK Holdings Co. 9.00% Senior Notes due 2027 (NASDAQ:SWKHL) is projected to post its resultson Monday, August 17th. Analysts expect the company to post earnings of $0.5250 per share and revenue of $8.4110 million for the quarter.

SWK Holdings Co. 9.00% Senior Notes due 2027 Price Performance

SWKHL stock opened at $25.41 on Friday. The company’s 50-day moving average is $25.32 and its 200-day moving average is $25.45. SWK Holdings Co. 9.00% Senior Notes due 2027 has a 1 year low of $24.34 and a 1 year high of $25.92.

SWK Holdings Co. 9.00% Senior Notes due 2027 Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were issued a dividend of $0.5625 per share. The ex-dividend date was Monday, June 15th. This represents a $2.25 annualized dividend and a dividend yield of 8.9%.

SWK Holdings Company is the indirect parent of Formica Corporation and related surfacing businesses. The company’s primary business activities center on the design, manufacturing and distribution of decorative surfacing materials for residential, commercial and industrial applications. Its product lines include high-pressure laminate, engineered quartz and solid surface sheets used in countertops, wall panels and furniture surfaces.

Under brands such as Formica® and Resopal®, SWK Holdings serves cabinet, furniture and flooring manufacturers, as well as commercial distributors.