Preformed Line Products (NASDAQ:PLPC) to Issue $0.20 Quarterly Dividend

Preformed Line Products (NASDAQ:PLPCGet Free Report) announced a quarterly dividend on Wednesday, June 19th, Zacks reports. Stockholders of record on Monday, July 1st will be given a dividend of 0.20 per share by the technology company on Friday, July 19th. This represents a $0.80 annualized dividend and a dividend yield of 0.64%. The ex-dividend date is Monday, July 1st.

Preformed Line Products Trading Up 0.3 %

NASDAQ:PLPC opened at $124.54 on Friday. The stock has a fifty day simple moving average of $128.63 and a 200 day simple moving average of $128.47. The firm has a market capitalization of $612.74 million, a price-to-earnings ratio of 12.04 and a beta of 0.70. Preformed Line Products has a 1-year low of $104.96 and a 1-year high of $184.82. The company has a quick ratio of 1.73, a current ratio of 3.15 and a debt-to-equity ratio of 0.12.

Preformed Line Products (NASDAQ:PLPCGet Free Report) last announced its earnings results on Wednesday, May 1st. The technology company reported $1.94 EPS for the quarter. The company had revenue of $140.90 million during the quarter. Preformed Line Products had a net margin of 8.20% and a return on equity of 12.67%.

Analyst Upgrades and Downgrades

Separately, downgraded shares of Preformed Line Products from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 7th.

View Our Latest Stock Analysis on Preformed Line Products

About Preformed Line Products

(Get Free Report)

Preformed Line Products Company, together with its subsidiaries, designs and manufactures products and systems that are used in the construction and maintenance of overhead, ground-mounted, and underground networks for the energy, telecommunication, cable, data communication, and other industries. The company offers optical ground wire products to support, protect, terminate, and splice transmission and distribution lines, as well as bolted, welded, and compressed connectors for substations; and string hardware products, polymer insulators, wildlife protection, substation fittings, and motion control devices.

See Also

Dividend History for Preformed Line Products (NASDAQ:PLPC)

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