CSP Inc. Plans Quarterly Dividend of $0.03 (NASDAQ:CSPI)

CSP Inc. (NASDAQ:CSPI - Get Free Report) declared a quarterly dividend on Monday, February 10th,Wall Street Journal reports. Shareholders of record on Monday, February 24th will be paid a dividend of 0.03 per share by the information technology services provider on Monday, March 10th. This represents a $0.12 annualized dividend and a yield of 0.62%. The ex-dividend date is Monday, February 24th.

CSP Trading Up 2.1 %

CSPI stock traded up $0.40 during mid-day trading on Friday, hitting $19.33. 46,249 shares of the company were exchanged, compared to its average volume of 28,481. The company has a market capitalization of $190.98 million, a PE ratio of -386.52 and a beta of 1.47. CSP has a twelve month low of $10.76 and a twelve month high of $29.92. The firm has a fifty day simple moving average of $17.34 and a 200 day simple moving average of $14.90.

CSP (NASDAQ:CSPI - Get Free Report) last posted its quarterly earnings results on Monday, February 10th. The information technology services provider reported $0.05 earnings per share (EPS) for the quarter. CSP had a negative net margin of 0.78% and a negative return on equity of 0.91%.

CSP Company Profile

CSP Inc develops and markets IT integration solutions, security products, managed IT services, cloud services, purpose-built network adapters, and cluster computer systems for commercial and defense customers worldwide. It operates in two segments, Technology Solutions and High Performance Products. The Technology Solutions segment provides third-party computer hardware and software as a value-added reseller to various customers in web and infrastructure hosting, education, telecommunications, healthcare services, distribution, financial and professional services, and manufacturing industries.