Deer Consumer Products, Inc. (DEER) Tops Q1 EPS by 1c; Reaffirms; Declares $0.05 Qtr Dividend; 2.3% Yield
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Deer Consumer Products, Inc. (NASDAQ: DEER) reported Q1 EPS of $0.17, $0.01 better than the analyst estimate of $0.16. Revenue for the quarter came in at $34.7 million versus the consensus estimate of $33.17 million.
Affirms outlook.
Deer's Board of Directors approved a $0.05 per share quarterly cash dividend for the second quarter from future earnings. The dividend will be paid on July 15, 2011, to shareholders of record at the close of business on June 30, 2011, with an ex-dividend date of June 28, 2011.
Yield on the dividend is 2.3 percent.
Affirms outlook.
Deer's Board of Directors approved a $0.05 per share quarterly cash dividend for the second quarter from future earnings. The dividend will be paid on July 15, 2011, to shareholders of record at the close of business on June 30, 2011, with an ex-dividend date of June 28, 2011.
Yield on the dividend is 2.3 percent.
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