Espey Mfg. & Electronics Corp. (NYSEAMERICAN:ESP) Declares $0.25 Quarterly Dividend

Espey Mfg. & Electronics Corp. (NYSEAMERICAN:ESP - Get Free Report) announced a quarterly dividend on Monday, March 10th, RTT News reports. Stockholders of record on Friday, March 21st will be paid a dividend of 0.25 per share on Friday, March 28th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.71%. The ex-dividend date is Friday, March 21st.

Espey Mfg. & Electronics Stock Performance

Shares of NYSEAMERICAN:ESP traded up $0.42 during trading on Friday, reaching $26.95. 2,336 shares of the stock were exchanged, compared to its average volume of 15,198. Espey Mfg. & Electronics has a 12-month low of $20.20 and a 12-month high of $33.00. The stock has a market capitalization of $75.46 million, a P/E ratio of 11.00 and a beta of 0.13.

Analyst Ratings Changes

Separately, StockNews.com raised Espey Mfg. & Electronics from a "buy" rating to a "strong-buy" rating in a research report on Thursday, November 21st.

Espey Mfg. & Electronics Company Profile

Espey Manufacturing & Electronics Corp. is a power electronics design and original equipment manufacturing company, which engages in developing and delivering products for use in military and severe environment applications. Its products include power supplies, converters, transformers, filters, magnetic components, power distribution equipment, uninterruptible power supply (UPS) systems, and antennas.