Interlink Electronics, Inc. (NASDAQ:LINK) Plans -- Dividend of $50.00

Key Points

• Interlink Electronics has declared a dividend of $50.00 per share, payable on October 28th to shareholders of record as of October 14th.
• The company's stock has surged by 8.1% recently, reaching $13.62 with a significant increase in trading volume compared to its average.
• Interlink Electronics is scheduled for a 1.5-1 stock split on October 29th, with new shares distributed after market close on October 28th.

Interlink Electronics, Inc. (NASDAQ:LINK - Get Free Report) declared a -- dividend on Friday, September 26th, Wall Street Journal reports. Shareholders of record on Tuesday, October 14th will be paid a dividend of 50.00 per share by the technology company on Tuesday, October 28th. The ex-dividend date is Tuesday, October 14th.

Interlink Electronics Stock Up 8.1%

LINK traded up $1.02 on Friday, reaching $13.62. The company had a trading volume of 236,860 shares, compared to its average volume of 39,555. Interlink Electronics has a 1 year low of $3.25 and a 1 year high of $14.74. The stock has a market capitalization of $88.28 million, a PE ratio of 151.33 and a beta of 0.93. The stock has a 50-day moving average price of $8.36 and a 200-day moving average price of $6.90.

Interlink Electronics shares are set to split on Wednesday, October 29th. The 1.5-1 split was recently announced. The newly created shares will be payable to shareholders after the market closes on Tuesday, October 28th.

Wall Street Analyst Weigh In

A number of research firms have weighed in on LINK. Wall Street Zen raised Interlink Electronics to a "buy" rating in a research report on Saturday, September 13th. Lake Street Capital increased their price objective on Interlink Electronics from $10.00 to $13.00 and gave the stock a "buy" rating in a research report on Tuesday, September 9th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of "Buy" and a consensus target price of $13.00.

About Interlink Electronics

Interlink Electronics, Inc, together with its subsidiaries, designs, develops, manufactures, and sells force-sensing technologies that incorporate proprietary materials technology, firmware, and software into sensor-based products and custom sensor system solutions in the United States, Asia, the Middle East, Europe, and internationally.

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