Citi Trends(NASDAQ:CTRN) Declares Dividend of $0.0600.

Citi Trends (NASDAQ:CTRN) had declared a cash dividend of $0.0600 on Nov 17, 2016. The shares will quote ex-dividend on Nov 25, 2016 and the record date has been fixed for Nov 29, 2016. On Nov 17, 2016 share price, the yield comes out to be 1.1299%. The dividend payable date has been fixed on Dec 13, 2016.

Citi Trends (CTRN) shares turned negative on Mondays trading session with the shares closing down -0.29 points or -1.34% at a volume of 1,40,212. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $21.93. The peak price level was also seen at $21.93 while the days lowest was $20.9. Finally the shares closed at $21.3. The 52-week high of the shares is $24.41 while the 52-week low is $14.01. According to the latest information available, the market cap of the company is $317 M.

Citi Trends(CTRN) last announced its earnings results on Aug 17, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $155.28M. Analysts had an estimated revenue of $153.20M. Earnings per share were $-0.01. Analysts had estimated an EPS of $-0.06.

Several Insider Transactions has been reported to the SEC. On Mar 23, 2016, John S Lupo (director) sold 1,024 shares at $18.12 per share price.Also, On Mar 23, 2015, James A Dunn (Sr. VP of Store Operations) sold 5,000 shares at $26.18 per share price.

Citi Trends Inc. is a retailer of urban fashion apparel and accessories. The Company’s stores average approximately 10800 square feet of selling space and are located in shopping centers. As of January 31 2015 the Company operated 511 stores in both urban and rural markets in 29 states. The Company offers products under its brands such as Citi Steps Red Ape Vintage Harlem and Lil Ms Hollywood. The Company’s merchandise includes apparel accessories and home. Within apparel the Company offers fashion sportswear for men women and children including offerings for newborns infants toddlers boys and girls. Accessories include handbags jewelry footwear belts intimate apparel scrubs and sleepwear. Home includes decorative home product functional home product beauty books toys and electronic accessories. The Company sources its merchandise from over 1600 vendors consisting of domestic manufacturers and importers.

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