Preformed Line Products Company (NASDAQ:PLPC - Get Free Report) announced a quarterly dividend on Wednesday, June 18th, Wall Street Journal reports. Stockholders of record on Tuesday, July 1st will be paid a dividend of 0.20 per share by the technology company on Sunday, July 20th. This represents a $0.80 annualized dividend and a dividend yield of 0.52%. The ex-dividend date is Tuesday, July 1st.
Preformed Line Products Stock Down 0.5%
NASDAQ PLPC traded down $0.80 during mid-day trading on Monday, reaching $152.74. 85,561 shares of the company's stock traded hands, compared to its average volume of 27,000. The company has a current ratio of 3.08, a quick ratio of 1.81 and a debt-to-equity ratio of 0.06. Preformed Line Products has a 1-year low of $109.01 and a 1-year high of $159.05. The company has a fifty day simple moving average of $142.05 and a 200-day simple moving average of $137.26. The company has a market cap of $754.54 million, a price-to-earnings ratio of 19.36 and a beta of 0.75.
Preformed Line Products (NASDAQ:PLPC - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The technology company reported $2.33 earnings per share for the quarter. The business had revenue of $148.54 million during the quarter. Preformed Line Products had a net margin of 6.49% and a return on equity of 9.16%.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen raised shares of Preformed Line Products from a "buy" rating to a "strong-buy" rating in a research report on Tuesday, May 13th.
Check Out Our Latest Stock Analysis on Preformed Line Products
Preformed Line Products Company Profile
(
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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.
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