Exco Technologies Limited Declares Quarterly Dividend of $0.11 (TSE:XTC)

Exco Technologies Limited (TSE:XTC - Get Free Report) declared a quarterly dividend on Monday, March 17th, TickerTech Dividends reports. Shareholders of record on Monday, March 31st will be given a dividend of 0.105 per share on Monday, March 31st. This represents a $0.42 annualized dividend and a yield of 7.12%. The ex-dividend date of this dividend is Monday, March 17th.

Exco Technologies Stock Performance

Shares of XTC stock remained flat at C$5.90 during trading hours on Wednesday. 20,784 shares of the stock were exchanged, compared to its average volume of 25,404. The firm has a market capitalization of C$228.52 million, a price-to-earnings ratio of 8.10 and a beta of 1.15. The business has a 50 day moving average of C$6.75 and a two-hundred day moving average of C$7.64. Exco Technologies has a 52-week low of C$5.85 and a 52-week high of C$8.80. The company has a current ratio of 2.83, a quick ratio of 1.30 and a debt-to-equity ratio of 26.17.

Insiders Place Their Bets

In other Exco Technologies news, insider Paul Robbins sold 25,000 shares of the stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of C$6.53, for a total value of C$163,302.50. Also, Senior Officer William Peter Schroers sold 12,000 shares of Exco Technologies stock in a transaction on Tuesday, December 31st. The stock was sold at an average price of C$7.51, for a total transaction of C$90,120.00. Insiders own 51.81% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Cormark lowered shares of Exco Technologies from a "moderate buy" rating to a "hold" rating in a research note on Monday, February 3rd.

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Exco Technologies Company Profile

Exco Technologies Limited, together with its subsidiaries, designs, develops, manufactures, and sells dies, molds, components and assemblies, and consumable equipment for the die-cast, extrusion, and automotive industries. It operates through two segments, Casting and Extrusion, and Automotive Solutions.