Burnham (OTCMKTS:BURCA) Announces Quarterly Earnings Results

Burnham (OTCMKTS:BURCA) issued its quarterly earnings data on Thursday. The industrial products company reported $2.05 earnings per share (EPS) for the quarter, Zacks reports. The firm had revenue of $94.10 million for the quarter. Burnham had a net margin of 3.51% and a return on equity of 8.84%.

Burnham Trading Up 9.3 %

OTCMKTS:BURCA traded up $1.30 on Friday, reaching $15.30. 14,034 shares of the company’s stock were exchanged, compared to its average volume of 607. The company has a quick ratio of 3,191.78, a current ratio of 3,193.81 and a debt-to-equity ratio of 0.47. The firm has a market capitalization of $51.26 million, a price-to-earnings ratio of 7.93 and a beta of 0.33. The business has a fifty day moving average of $14.06 and a 200-day moving average of $13.76. Burnham has a 52-week low of $12.05 and a 52-week high of $16.19.

Burnham Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 20th will be issued a $0.23 dividend. The ex-dividend date is Thursday, March 20th. This represents a $0.92 annualized dividend and a yield of 6.01%. Burnham’s dividend payout ratio (DPR) is currently 47.67%.

About Burnham

Burnham Holdings, Inc designs, manufactures, and sells boilers and related heating, ventilation, and air conditioning products and accessories for residential, commercial, and industrial applications in the United States and internationally. Its residential hydronic heating products include cast iron, stainless steel, and steel boilers; cast iron and steel heat distribution products; radiators; and warm air furnaces and central air conditioning systems for the residential heating and cooling markets, including units for the manufactured housing industry.