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

Intevac logo with Computer and Technology background
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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.

Read Our Latest Stock Report on IVAC

Intevac Company Profile

(Get Free Report)

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.

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