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

Preformed Line Products (NASDAQ:PLPCGet Free Report) announced a quarterly dividend on Wednesday, September 18th, Zacks reports. Investors 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 dividend on an annualized basis and a dividend yield of 0.61%. The ex-dividend date is Tuesday, October 1st.

Preformed Line Products Price Performance

NASDAQ:PLPC opened at $130.55 on Monday. The company’s 50-day moving average price is $121.17 and its two-hundred day moving average price is $124.68. Preformed Line Products has a 12 month low of $104.96 and a 12 month high of $170.83. The firm has a market cap of $641.00 million, a PE ratio of 12.63 and a beta of 0.61. The company has a quick ratio of 1.57, a current ratio of 2.93 and a debt-to-equity ratio of 0.07.

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

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of Preformed Line Products from a “strong-buy” rating to a “buy” rating in a research 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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