Cadre Holdings, Inc. (CDRE) To Go Ex-Dividend on November 1st

Cadre Holdings, Inc. (NYSE:CDRE) declared a quarterly dividend on Tuesday, October 22nd, NASDAQ reports. Shareholders of record on Friday, November 1st will be given a dividend of 0.0875 per share on Friday, November 15th. This represents a $0.35 dividend on an annualized basis and a yield of 0.93%. The ex-dividend date of this dividend is Friday, November 1st.

Cadre has a payout ratio of 26.1% meaning its dividend is sufficiently covered by earnings. Research analysts expect Cadre to earn $1.33 per share next year, which means the company should continue to be able to cover its $0.35 annual dividend with an expected future payout ratio of 26.3%.

Cadre Stock Down 0.4 %

Shares of CDRE opened at $37.44 on Thursday. The stock has a fifty day simple moving average of $36.70 and a two-hundred day simple moving average of $34.73. The company has a quick ratio of 2.14, a current ratio of 3.17 and a debt-to-equity ratio of 0.66. The company has a market capitalization of $1.52 billion, a PE ratio of 37.07, a price-to-earnings-growth ratio of 2.38 and a beta of 1.28. Cadre has a 52-week low of $27.34 and a 52-week high of $40.28.

Cadre (NYSE:CDRE) last released its quarterly earnings data on Friday, August 9th. The company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.04. The firm had revenue of $144.31 million during the quarter, compared to analysts’ expectations of $142.06 million. Cadre had a net margin of 7.55% and a return on equity of 17.45%. Cadre’s revenue was up 19.2% compared to the same quarter last year. During the same period last year, the business earned $0.29 earnings per share. As a group, equities analysts forecast that Cadre will post 1.04 EPS for the current year.

Cadre Company Profile

Cadre Holdings, Inc manufactures and distributes safety that provides protection to users in hazardous or life-threatening situations in the United States and internationally. The company operates in two segments, Products and Distribution. It offers body armor product, such as concealable, corrections, and tactical armor under the Safariland and Protech Tactical brand names; survival suits, remotely operated vehicles, specialty tools, blast sensors, accessories, and vehicle blast attenuation seats for bomb safety technicians; bomb suits; duty gear, including belts and accessories; and other protective equipment comprising communications gear, forensic and investigation products, firearms cleaning solutions, and crowd control products.