Compass Diversified Holdings (NYSE:CODI) had declared a cash dividend of $0.3600 on Oct 6, 2016. The shares will quote ex-dividend on Oct 18, 2016 and the record date has been fixed for Oct 20, 2016. On Oct 6, 2016 share price, the yield comes out to be 8.2521%. The dividend payable date has been fixed on Oct 27, 2016.
In a different note, SunTrust Robinson Humphrey said it Initiates Coverage on Compass Diversified Holdings, according to a research note issued on Jul 20, 2016. The shares have been rated ‘Buy’ by the firm.
Compass Diversified Holdings (CODI) made into the market gainers list on Fridays trading session with the shares advancing 0.96% or 0.17 points. Due to strong positive momentum, the stock ended at $17.9, which is also near the day’s high of $17.91. The stock began the session at $17.77 and the volume stood at 1,44,702 shares. The 52-week high of the shares is $17.91 and the 52 week low is $13.65. The company has a current market capitalization of $972 M and it has 5,43,00,000 shares in outstanding.
Compass Diversified Holdings(CODI) last announced its earnings results on Aug 3, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $229.39M. Analysts had an estimated revenue of $228.45M. Earnings per share were $0.33. Analysts had estimated an EPS of $0.34.
Compass Diversified Holdings and Compass Group Diversified Holdings LLC (the Company) acquires and manages a group of small and middle-market businesses. The Company’s operating segments include The Ergo Baby Carrier Inc. (Ergobaby) Liberty Safe and Security Products Inc. (Liberty Safe or Liberty) Compass AC Holdings Inc. (ACI or Advanced Circuits) American Furniture Manufacturing Inc. (AFM or American Furniture) AMT Acquisition Corporation (Arnold or Arnold Magnetics) Clean Earth Holdings Inc. (Clean Earth) Candle Lamp Company LLC (SternoCandleLamp) and Tridien Medical Inc. (Tridien). The Company through its subsidiary Fresh Hemp Foods Ltd. (Manitoba Harvest) is engaged in manufacturing and marketing of branded hemp-based food products.