BBX Capital Corp (OTCMKTS:BBXTB) announced a quarterly dividend on Tuesday, March 19th, Zacks reports. Investors of record on Monday, April 1st will be given a dividend of 0.013 per share on Friday, April 19th. This represents a $0.05 annualized dividend and a yield of 0.84%. The ex-dividend date of this dividend is Friday, March 29th. This is a boost from BBX Capital’s previous quarterly dividend of $0.01.
Shares of OTCMKTS:BBXTB remained flat at $$6.20 during mid-day trading on Monday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.25 and a current ratio of 1.25. The company has a market capitalization of $606.11 million, a PE ratio of 10.33 and a beta of 1.45. BBX Capital has a 12 month low of $4.90 and a 12 month high of $10.50.
Separately, ValuEngine downgraded shares of BBX Capital from a “hold” rating to a “sell” rating in a research report on Monday, February 4th.
BBX Capital Corporation, formerly known as BFC Financial Corporation, is a private equity and venture capital firm specializing in investments and acquisitions of middle market companies. The firm also invests in mergers and acquisition, add-on acquisitions, divestiture, taking public companies private and private companies public, leveraged buyout, partnership, recapitalization, and restructuring.
Read More: How to invest in a bear market
Receive News & Ratings for BBX Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BBX Capital and related companies with MarketBeat.com's FREE daily email newsletter.