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

SWK Holdings Co. 9.00% Senior Notes due 2027 (NASDAQ:SWKHL) will likely be issuing its resultson Monday, April 6th. Analysts expect the company to announce earnings of $0.5250 per share and revenue of $8.5590 million for the quarter.

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

SWKHL stock opened at $25.30 on Monday. SWK Holdings Co. 9.00% Senior Notes due 2027 has a 1-year low of $24.60 and a 1-year high of $25.92. The business has a 50 day simple moving average of $25.59 and a two-hundred day simple moving average of $25.55.

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

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Sunday, March 15th will be issued a $0.5625 dividend. This represents a $2.25 annualized dividend and a dividend yield of 8.9%. This is a boost from SWK Holdings Co. 9.00% Senior Notes due 2027’s previous quarterly dividend of $0.56. The ex-dividend date of this dividend is Friday, March 13th.

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.