SWK Holdings Co. 9.00% Senior Notes due 2027 (NASDAQ:SWKHL) Declares Quarterly Dividend of $0.56

SWK Holdings Co. 9.00% Senior Notes due 2027 (NASDAQ:SWKHL) declared a quarterly dividend on Thursday, September 3rd. Stockholders of record on Tuesday, September 15th will be paid a dividend of 0.5625 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 8.8%. The ex-dividend date is Tuesday, September 15th.

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

Shares of SWK Holdings Co. 9.00% Senior Notes due 2027 stock traded up $0.04 on Friday, hitting $25.54. 1,976 shares of the company traded hands, compared to its average volume of 3,402. SWK Holdings Co. 9.00% Senior Notes due 2027 has a 12-month low of $24.34 and a 12-month high of $25.92. The firm’s 50-day simple moving average is $25.36 and its 200 day simple moving average is $25.42.

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.