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

Intevac, Inc. (NASDAQ:IVAC - Get Free Report) announced a -- dividend on Wednesday, February 12th, NASDAQ Dividends reports. Stockholders of record on Friday, February 28th will be given a dividend of 0.05 per share by the electronics maker on Thursday, March 13th. The ex-dividend date is Friday, February 28th.

Intevac Stock Down 1.0 %

Shares of NASDAQ:IVAC traded down $0.04 during midday trading on Friday, reaching $4.02. The company's stock had a trading volume of 323,154 shares, compared to its average volume of 396,350. The stock has a fifty day moving average of $3.60 and a 200 day moving average of $3.38. Intevac has a twelve month low of $2.46 and a twelve month high of $4.42. The firm has a market capitalization of $109.22 million, a PE ratio of -12.18 and a beta of 0.65.

Analysts Set New Price Targets

A number of brokerages recently issued reports on IVAC. Benchmark reissued a "hold" rating on shares of Intevac in a report on Tuesday, November 12th. StockNews.com began coverage on shares of Intevac in a report on Tuesday. They set 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.