P & F Industries, Inc. Plans Quarterly Dividend of $0.05 (NASDAQ:PFIN)

P & F Industries, Inc. (NASDAQ:PFIN) announced a quarterly dividend on Thursday, August 8th, NASDAQ reports. Stockholders of record on Monday, August 19th will be given a dividend of 0.05 per share on Friday, August 23rd. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.83%. The ex-dividend date of this dividend is Friday, August 16th.

Shares of NASDAQ:PFIN opened at $7.06 on Friday. P & F Industries has a 1 year low of $6.03 and a 1 year high of $9.00. The stock’s fifty day moving average price is $8.01 and its 200-day moving average price is $8.19. The company has a market cap of $22.23 million, a P/E ratio of 3.86 and a beta of 0.09.

About P & F Industries

P&F Industries, Inc, through its subsidiaries, manufactures, imports, and sells air-powered tools and accessories primarily to the retail, industrial, and automotive markets in the United States and internationally. The company designs, imports, and sells pneumatic hand tools, including sanders, grinders, drills, saws, and impact wrenches under the Florida Pneumatic, Universal Tool, AIRCAT, and NITROCAT names through in-house sales personnel and manufacturers' representatives to retailers, distributors, and private label customers.

Further Reading: Trade War

Dividend History for P & F Industries (NASDAQ:PFIN)

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