Virco Mfg. Corporation (VIRC)
Virco Manufacturing Corporation is a manufacturer of school furniture and related products, serving educational institutions across the United States. Founded in 1950, the company produces desks, tables, chairs, and classroom furnishings designed to meet the needs of K-12 schools, colleges, and universities. Virco emphasizes durable, functional designs and has a reputation for providing affordable educational furniture solutions.
Dividend History
Investors can expect a dividend payout of $0.03 per share, scheduled to be distributed in 20 days on October 10, 2025
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| October 10, 2025 | $0.03 | 2025-09-19 | 2025-09-19 |
| July 11, 2025 | $0.03 | 2025-06-20 | 2025-06-20 |
| April 11, 2025 | $0.03 | 2025-03-26 | 2025-03-26 |
| January 10, 2025 | $0.03 | 2024-12-20 | 2024-12-20 |
| October 11, 2024 | $0.03 | 2024-09-20 | 2024-09-20 |
Dividends Summary
- Virco Mfg. Corporation has issued 28 dividend payments over the past 18 years
- The most recent dividend was paid 71 days ago, on July 11, 2025
- The highest dividend payed out to investors during this period was $0.025 per share
- The average dividend paid during this period was $0.02 per share.
Company News
The global educational furniture market is expected to grow at a CAGR of 5.23% from 2025 to 2030, driven by factors like rising enrollment rates, increased disposable income, and government initiatives to enhance educational infrastructure. The market is fragmented, with large players dominating in developed economies and regional players in developing markets.
Virco Manufacturing Corporation reported mixed second-quarter results, with earnings beating estimates but revenues missing. The company's stock fell 9.3% following the results. The top and bottom lines increased year-over-year, driven by higher factory output and improved operating efficiencies.
The article highlights three stocks with a Zacks Rank #1 (Strong Buy) and strong value characteristics: B2Gold Corp. (BTG), Virco Mfg. Corporation (VIRC), and Baytex Energy Corp. (BTE). These companies have seen their earnings estimates increase in the last 60 days and have attractive price-to-earnings ratios compared to their respective industries.