Crown Crafts (CRWS) Declares $0.08 Quarterly Dividend; 3.4% Yield

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Crown Crafts Announces Quarterly Cash Dividend

May 17, 2016 6:45 AM EDT

GONZALES, La, May 17, 2016 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ: CRWS) announced today that its Board of Directors has declared a quarterly cash dividend on its Series A common stock of $0.08 per share to be paid on July 8, 2016 to stockholders of record at the close of business on June 17, 2016.  Based on yesterdays closing price per share of $9.28, this dividend rate represents a return of 3.4% on an annualized basis.

Once this dividend is paid, we will have returned more than $23.3 million to stockholders since the Company resumed... More