Preformed Line Products Announces Quarterly Dividend of $0.20 (NASDAQ:PLPC)

Preformed Line Products (NASDAQ:PLPCGet Free Report) declared a quarterly dividend on Wednesday, September 18th, Zacks reports. Shareholders of record on Tuesday, October 1st will be paid a dividend of 0.20 per share by the technology company on Monday, October 21st. This represents a $0.80 annualized dividend and a yield of 0.61%. The ex-dividend date of this dividend is Tuesday, October 1st.

Preformed Line Products Stock Up 0.1 %

PLPC opened at $130.55 on Monday. Preformed Line Products has a 1-year low of $104.96 and a 1-year high of $170.83. The business has a 50 day moving average of $121.17 and a 200-day moving average of $124.68. The stock has a market capitalization of $641.00 million, a price-to-earnings ratio of 12.63 and a beta of 0.61. The company has a current ratio of 2.93, a quick ratio of 1.57 and a debt-to-equity ratio of 0.07.

Preformed Line Products (NASDAQ:PLPCGet Free Report) last posted its quarterly earnings results on Wednesday, July 31st. The technology company reported $1.89 earnings per share (EPS) for the quarter. Preformed Line Products had a net margin of 6.90% and a return on equity of 9.83%. The company had revenue of $138.72 million for the quarter.

Analyst Ratings Changes

Separately, StockNews.com cut Preformed Line Products from a “strong-buy” rating to a “buy” rating in a report on Friday, June 7th.

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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.

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Dividend History for Preformed Line Products (NASDAQ:PLPC)

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