Multi-Color Corporation (NASDAQ:LABL) had declared a cash dividend of $0.0500 on Aug 1, 2016. The shares will quote ex-dividend on Aug 11, 2016 and the record date has been fixed for Aug 15, 2016. On Aug 1, 2016 share price, the yield comes out to be 0.3106%. The dividend payable date has been fixed on Sep 1, 2016.
Multi-Color Corporation (LABL) made into the market gainers list on Mondays trading session with the shares advancing 0.09% or 0.06 points. Due to strong positive momentum, the stock ended at $63.88, which is also near the day’s high of $64.95. The stock began the session at $64.06 and the volume stood at 60,662 shares. The 52-week high of the shares is $80.24 and the 52 week low is $40.155. The company has a current market capitalization of $1,074 M and it has 1,68,18,789 shares in outstanding.
Multi-Color Corporation(LABL) last announced its earnings results on May 27, 2016 for Fiscal Year 2016 and Q4.Company reported revenue of $227.09M. Analysts had an estimated revenue of $225.19M. Earnings per share were $0.70. Analysts had estimated an EPS of $0.78.
Several Insider Transactions has been reported to the SEC. On Jun 10, 2016, Floyd E Needham (Chief Operating Officer – CPG) sold 7,500 shares at $63.31 per share price.Also, On Jun 3, 2016, Nigel A Vinecombe (Executive Chairman) sold 25,000 shares at $63.20 per share price.On Nov 24, 2015, Thomas M Mohr (director) sold 3,000 shares at $62.70 per share price, according to the Form-4 filing with the securities and exchange commission.
Multi-Color Corporation (Multi-Color) is engaged in label solutions business supporting brands including producers of home and personal care wine and spirit food and beverage healthcare and specialty consumer products. The Company serves international brand owners in North Central and South America Europe Australia New Zealand South Africa and China with a range of label technologies in Pressure Sensitive Glue-Applied (Cut and Stack) In-Mold Shrink Sleeve and Heat Transfer. The Company also provides a range of print methods including flexographic lithographic rotogravure letterpress and digital plus in-house prepress services. The Company provides graphics and pre-press services for its customers at all of its manufacturing locations. These services include the conversion of customer digital files and artwork into proofs production of print layouts and printing plates and product mock ups and samples for market research.