Preformed Line Products (NASDAQ:PLPC - Get Free Report) declared a quarterly dividend on Monday, March 10th, RTT News reports. Shareholders of record on Tuesday, April 1st will be given a dividend of 0.20 per share by the technology company on Monday, April 21st. This represents a $0.80 annualized dividend and a yield of 0.56%. The ex-dividend date is Tuesday, April 1st.
Preformed Line Products Trading Down 4.5 %
PLPC traded down $6.68 during trading on Friday, hitting $141.86. 77,628 shares of the stock were exchanged, compared to its average volume of 16,202. The firm has a 50 day simple moving average of $135.89 and a 200 day simple moving average of $130.46. The firm has a market cap of $700.93 million, a price-to-earnings ratio of 21.30 and a beta of 0.61. Preformed Line Products has a 1 year low of $109.01 and a 1 year high of $154.90. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.56 and a current ratio of 2.81.
Preformed Line Products (NASDAQ:PLPC - Get Free Report) last announced its quarterly earnings results on Thursday, March 13th. The technology company reported $2.13 earnings per share (EPS) for the quarter. Preformed Line Products had a return on equity of 7.88% and a net margin of 5.76%. The business had revenue of $167.12 million for the quarter.
Analyst Ratings Changes
Separately, StockNews.com upgraded Preformed Line Products from a "buy" rating to a "strong-buy" rating in a report on Tuesday, March 18th.
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About Preformed Line Products
(
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Preformed Line Products Company, together with its subsidiaries, designs and manufactures products and systems that are used in the construction and maintenance of overhead, ground-mounted, and underground networks for the energy, telecommunication, cable, data communication, and other industries. The company offers optical ground wire products to support, protect, terminate, and splice transmission and distribution lines, as well as bolted, welded, and compressed connectors for substations; and string hardware products, polymer insulators, wildlife protection, substation fittings, and motion control devices.
Further Reading
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