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Clarus Corporation Announces Quarterly Dividend of $0.03 (NASDAQ:CLAR)
['Ethan Ryder']
Ticker Report
Clarus Corporation (NASDAQ:CLAR – Get Free Report) declared a quarterly dividend on Wednesday, August 5th.
Stockholders of record on Monday, August 17th will be given a dividend of 0.025 per share on Wednesday, August 26th.
This represents a c) annualized dividend and a dividend yield of 3.0%.
Clarus has a payout ratio of -66.7% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.
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