OneSpaWorld Holdings Limited (NASDAQ:OSW) Plans Quarterly Dividend of $0.04

OneSpaWorld Holdings Limited (NASDAQ:OSW) announced a quarterly dividend on Tuesday, February 25th, RTT News reports. Investors of record on Wednesday, March 12th will be given a dividend of 0.04 per share on Wednesday, March 26th. This represents a $0.16 annualized dividend and a yield of 0.83%.

OneSpaWorld has a payout ratio of 14.4% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect OneSpaWorld to earn $1.06 per share next year, which means the company should continue to be able to cover its $0.16 annual dividend with an expected future payout ratio of 15.1%.

OneSpaWorld Stock Performance

OSW stock traded up $0.25 during trading on Wednesday, reaching $19.24. 120,857 shares of the company’s stock were exchanged, compared to its average volume of 697,181. OneSpaWorld has a 1-year low of $11.98 and a 1-year high of $23.01. The firm has a market cap of $2.00 billion, a PE ratio of 27.48 and a beta of 2.10. The company’s fifty day moving average price is $20.42 and its 200-day moving average price is $18.42. The company has a quick ratio of 1.29, a current ratio of 1.84 and a debt-to-equity ratio of 0.18.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on OSW. Stifel Nicolaus upped their price objective on shares of OneSpaWorld from $24.00 to $25.00 and gave the stock a “buy” rating in a report on Wednesday, January 15th. Truist Financial upped their price target on shares of OneSpaWorld from $17.00 to $22.00 and gave the stock a “buy” rating in a research note on Tuesday, December 3rd.

Insider Buying and Selling

In other OneSpaWorld news, Director Walter Field Mclallen sold 18,000 shares of the business’s stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $20.40, for a total transaction of $367,200.00. Following the sale, the director now owns 170,917 shares in the company, valued at approximately $3,486,706.80. The trade was a 9.53 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 5.00% of the stock is currently owned by insiders.

About OneSpaWorld

OneSpaWorld Holdings Limited operates health and wellness centers onboard cruise ships and at destination resorts worldwide. Its health and wellness centers offer services, such as traditional body, salon, and skin care services and products; self-service fitness facilities, specialized fitness classes, and personal fitness training; pain management, detoxifying programs, and body composition analyses; weight management programs and products; and medi-spa services.