Educational Development (EDUC) Declares $0.09 Quarterly Dividend; 3.3% Yield

Go back to Educational Development (EDUC) Declares $0.09 Quarterly Dividend; 3.3% Yield

Educational Development Corporation Announces Record Fiscal 2016 Results and Quarterly Dividend

May 26, 2016 3:47 PM EDT

TULSA, Okla., May 26, 2016 (GLOBE NEWSWIRE) -- Randall White, CEO, Educational Development Corporation (EDC) (NASDAQ: EDUC) (http://www.edcpub.com) today reported record net results for the fiscal year ended February 29, 2016, along with their quarterly cash dividend.

For the fiscal year 2016, the Company reports record net revenues of $63,618,300, an increase of $31,070,000 (95%) when compared to $32,548,300 for the previous year and net earnings of $2,119,300 compared to $859,200 (an... More