Q.E.P. (OTCMKTS:QEPC) Posts Quarterly Earnings Results

Q.E.P. (OTCMKTS:QEPC) posted its quarterly earnings data on Tuesday. The company reported $1.40 earnings per share (EPS) for the quarter, Zacks reports. Q.E.P. had a net margin of 0.39% and a return on equity of 16.15%.

Q.E.P. Price Performance

OTCMKTS:QEPC opened at $40.86 on Thursday. Q.E.P. has a one year low of $18.15 and a one year high of $41.00. The business has a fifty day moving average price of $35.48 and a 200-day moving average price of $34.49. The firm has a market capitalization of $138.52 million, a price-to-earnings ratio of 34.74 and a beta of -0.40.

Q.E.P. Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Monday, February 3rd will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.96%. The ex-dividend date is Monday, February 3rd.

About Q.E.P.

Q.E.P. Co, Inc designs, manufactures, and distributes flooring installation solutions for commercial and home improvement projects worldwide. The company’s product portfolio includes tile saws, blades, and accessories; tile cutters and accessories; hand tools; tile spacers and leveling systems; suction cups; trowels and floats; mixers and paddles; drill bits, hole saws, and jigsaw blades; scarpers and blades; clean-up, repair, and maintenance products; knee pads and safety products; underlayment products; installation kits; and cement boards tools.