Buckle, Inc. (The) (NYSE:BKE) Announces Quarterly Dividend of $0.35

Buckle, Inc. (The) (NYSE:BKE) announced a quarterly dividend on Monday, June 1st. Shareholders of record on Wednesday, July 15th will be paid a dividend of 0.35 per share on Wednesday, July 29th. This represents a c) annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Wednesday, July 15th.

Buckle has raised its dividend payment by an average of 0.1%annually over the last three years. Buckle has a payout ratio of 37.3% meaning its dividend is sufficiently covered by earnings.

Buckle Stock Performance

BKE stock traded up $0.63 during mid-day trading on Tuesday, hitting $44.31. The company had a trading volume of 649,576 shares, compared to its average volume of 470,558. The firm has a market cap of $2.28 billion, a PE ratio of 10.16 and a beta of 1.16. Buckle has a 12 month low of $42.09 and a 12 month high of $61.69. The stock’s fifty day moving average price is $51.55 and its two-hundred day moving average price is $52.89.

Buckle (NYSE:BKE) last announced its quarterly earnings data on Friday, May 29th. The company reported $0.92 EPS for the quarter, topping the consensus estimate of $0.74 by $0.18. Buckle had a net margin of 16.85% and a return on equity of 47.35%. The business had revenue of $288.74 million for the quarter, compared to analyst estimates of $287.68 million. During the same quarter in the previous year, the firm posted $0.70 earnings per share. The company’s revenue for the quarter was up 6.1% on a year-over-year basis.

Buckle Company Profile

Buckle, Inc is a retailer specializing in casual apparel, footwear and accessories for young men and women. The company is known for its denim-focused collections, offering both private-label lines and curated brand-name merchandise. Its product assortment includes jeans, tops, outerwear, shoes and a variety of accessories such as belts, jewelry and handbags, all aimed at blending contemporary style with everyday comfort.

Founded in 1948 in Kearney, Nebraska, Buckle began as a single clothing store and has since expanded into a nationwide chain.