Cricut, Inc. has announced a cash dividend of $0.100 per share, scheduled for payment on Jul 21, 2025, with an ex-dividend date set for Jul 7, 2025. The announcement was made on May 2, 2025. This dividend amount is notably lower than the average of the last ten dividends, which stands at $0.390 per share. The company's previous dividend distribution occurred on Jan 21, 2025, at the same rate of $0.100 per share. Investors should be aware of the ex-dividend date, as it marks the deadline for purchasing shares to be eligible for the declared dividend.
Recently,
, Inc. has reached a new 52-week high during trading, with shares rising as high as $7.05, before settling at $6.95. This upward trend reflects a positive shift in market sentiment, bolstered by the company's strategic reinvestment efforts aimed at fostering growth. However, despite the reinvestment, sales have not experienced significant increases. Cricut has also been dropped from the Russell 3000 Growth Index as of Aug 11, 2025, indicating a shift in its market positioning. Meanwhile, the company has filed Form 144 to sell 150,000 shares valued at $1.24 million, which represents approximately 0.290% of its outstanding shares. This move could influence investor perspectives regarding the company's future stock performance.
In summary, Cricut, Inc. is navigating a complex landscape as it strives to balance growth and market positioning. With its upcoming dividend payout and the recent changes in stock performance and index inclusion, investors have critical factors to consider. The ex-dividend date of Jul 7, 2025, is crucial for shareholders, marking the last opportunity to purchase Cricut stock to receive the dividend. Any acquisitions made post this date will not qualify for the current dividend distribution.
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