Mark your calendars! On January 25, 2024, Compass Diversified Holdings (NYSE:CODI) will be distributing its next dividend payout. This generous quarterly dividend amounts to 25 cents per share. However, there’s a catch. The ex-dividend date falls on Wednesday, meaning that the stock is expected to open 25 cents lower than usual on that day.
If you’re a shareholder of CODI and you held onto your shares until the end of Tuesday’s session, congratulations! You are eligible to receive the 25 cents dividend payout for each share you own.
It’s worth noting that Compass Diversified Holdings has a solid track record when it comes to dividend payments. They have consistently provided quarterly dividends in the past, with the most recent ex-dividend date occurring on October 18, 2023. This translates to a dividend yield of 4.57%, which is quite impressive.
For more comprehensive information about Compass Diversified Holdings’s previous dividends, feel free to visit the NASDAQ website.
CODI Stock Performance on January 12, 2024: Promising Signs Despite Minor Price Dip
CODI Stock Performance on January 12, 2024: A Slight Dip in Price
On January 12, 2024, Compass Diversified Holdings (CODI) showcased a relatively stable performance in the stock market. Trading near the top of its 52-week range and above its 200-day simple moving average, CODI demonstrated promising signs for investors.
The price of CODI shares experienced a minor setback, decreasing by $0.14 since the market last closed. This accounts for a 0.64% drop in value. Despite this slight decline, CODI’s opening price of $22.17 was $0.28 higher than its previous close, indicating a positive start to the trading day.
CODI’s position near the top of its 52-week range suggests that the stock has exhibited strength and resilience over the past year. This range represents the highest and lowest prices at which the stock has traded during the previous 52 weeks. Trading near the top of this range indicates that CODI has performed well and has potential for future growth.
Moreover, CODI’s ability to remain above its 200-day simple moving average is another positive sign for investors. The 200-day moving average is a widely-used technical indicator that calculates the average price of a stock over the past 200 trading days. It is often regarded as a measure of long-term price trends. CODI’s ability to stay above this average indicates that it has maintained a positive upward trend over an extended period.
While the price of CODI shares experienced a slight dip on January 12, 2024, it is important to note that daily fluctuations are normal in the stock market. Investors should consider the overall performance and trends of a stock rather than focusing solely on short-term price movements.
As with any investment, it is crucial for investors to conduct thorough research and analysis before making any decisions. While the provided information offers insights into CODI’s stock performance on January 12, 2024, it is advisable to consult multiple sources and consider various factors when evaluating investment opportunities.
CODI Stock Performance on January 12, 2024: Resilient Growth in Revenue and Net Income
Title: CODI Stock Performance on January 12, 2024: A Steady Climb Despite Quarterly Losses
Introduction:
On January 12, 2024, the stock performance of Compass Diversified Holdings (CODI) showcased a resilient climb, supported by positive revenue growth and improved net income figures.
Revenue Growth:
CODI’s total revenue for the past year stood at $2.26 billion, marking a 22.93% increase compared to the previous year. This growth can be attributed to the company’s strategic initiatives and successful execution of its business model. Furthermore, the total revenue increased by 8.66% since the previous quarter.
Net Income Improvement:
CODI’s net income has increased by 359.65% over the past year, reaching $10.86 million. This growth demonstrates the company’s ability to adapt and generate profitable returns, even in challenging market conditions. Additionally, the net income increased by 18.29% since the previous quarter.
Earnings per Share (EPS) Growth:
CODI’s earnings per share (EPS) figures have increased by 39.37% over the past year, reaching -$0.23. This growth indicates that CODI has been able to enhance its profitability and generate value for its shareholders. Furthermore, the EPS increased by 12.65% since the previous quarter.
Conclusion:
CODI’s stock performance on January 12, 2024, remained resilient due to its strong revenue growth and improving net income figures. The company’s total revenue increased by 22.93% since the previous year and 8.66% since the previous quarter. Moreover, CODI’s net income witnessed a significant increase of 359.65% over the past year. Additionally, the earnings per share (EPS) increased by 39.37% since the previous year and 12.65% since the previous quarter. Overall, CODI’s stock performance on January 12, 2024, suggests a promising future for the company, driven by its ability to adapt, grow, and create value for its shareholders.
