Intevac, Inc. (NASDAQ:IVAC) Plans $0.05 Special Dividend

Intevac, Inc. (NASDAQ:IVAC - Get Free Report) declared a special dividend on Friday, March 14th, RTT News reports. Stockholders of record on Monday, March 24th will be paid a dividend of 0.052 per share by the electronics maker on Friday, March 28th.

Intevac Stock Up 0.1 %

Shares of NASDAQ:IVAC traded up $0.01 during trading on Monday, hitting $4.04. 47,857 shares of the company were exchanged, compared to its average volume of 386,305. Intevac has a 1-year low of $2.46 and a 1-year high of $4.42. The company has a market capitalization of $109.62 million, a P/E ratio of -12.23 and a beta of 0.62. The business's 50 day moving average is $3.72 and its 200-day moving average is $3.40.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on shares of Intevac in a research note on Thursday. They issued a "sell" rating on the stock.

Intevac Company Profile

Intevac, Inc, together with its subsidiaries, engages in the designing, developing, and manufacturing thin-film processing systems in the United States, Europe, and Asia. It designs, develops, and markets vacuum process equipment solutions for manufacturing small substrates with precise thin-film properties, such as hard disk drive, advanced coatings, and other adjacent thin-film markets.