Ennis (EBF) Declares $0.175 Quarterly Dividend; 5.3% Yield; Adds $10M to Buyback Plan

Ennis (NYSE: EBF) declared a quarterly dividend of $0.175 per share, or $0.7 annualized.

The dividend will be payable on February 2, 2015, to stockholders of record on January 7, 2015, with an ex-dividend date of January 5, 2015.

The annual yield on the dividend is 5.3 percent.

In other news, the Board of Directors of the Company approved an increase in the amount available to repurchase shares of the Company’s common stock under the Stock Repurchase Program by $10 million, bringing the total approved to $20 million. The Company has, since inception of the program, repurchased 682,192 shares of its common stock at an average price of $13.76 per share, leaving approximately $10.6 million available under the program.

For a dividend history and other dividend-related data on Ennis (EBF) click here.

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