Educational Development Corporation(NASDAQ:EDUC) Declares Dividend of $0.0900.

Educational Development Corporation (NASDAQ:EDUC) had declared a cash dividend of $0.0900 on Nov 28, 2016. The shares will quote ex-dividend on Dec 7, 2016 and the record date has been fixed for Dec 9, 2016. On Nov 28, 2016 share price, the yield comes out to be 3.7306%. The dividend payable date has been fixed on Dec 16, 2016.

Educational Development Corporation(EDUC) last announced its earnings results on Oct 14, 2016 for Fiscal Year 2017 and Q2.Earnings per share were $0.08.

Educational Development Corporation (EDC) is a publisher of educational children’s books produced in the United Kingdom by Usborne Publishing Limited. The Company also owns Kane Miller Book Publishers. The Company sells books through two segments: Home Business Division (Usborne Books & More or UBAM) and Publishing Division (EDC Publishing). It offers around 1500 different titles which include touchy-feely board books activity and flashcards adventure and search books art books sticker books and foreign language books. Its books include science and math titles as well as chapter books and novels. The Home Business Division (UBAM) distributes books to individual purchasers as well as school and public libraries. UBAM markets its products to individual consumers as well as to school and public libraries. The Publishing Division (EDC Publishing) markets books to bookstores (including major national chains) toy stores specialty stores museums and other retail outlets.

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