Intevac, Inc. Declares — Dividend of $0.05 (NASDAQ:IVAC)

Intevac, Inc. (NASDAQ:IVAC) declared a — dividend on Wednesday, February 12th, NASDAQ Dividends reports. Investors of record on Friday, February 28th will be paid 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 Performance

Intevac stock traded up $0.02 during midday trading on Wednesday, reaching $4.06. The stock had a trading volume of 230,519 shares, compared to its average volume of 365,703. The stock has a market capitalization of $110.17 million, a PE ratio of -12.29 and a beta of 0.65. The stock’s 50-day simple moving average is $3.55 and its 200 day simple moving average is $3.37. Intevac has a twelve month low of $2.46 and a twelve month high of $4.42.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. Benchmark reissued a “hold” rating on shares of Intevac in a report on Tuesday, November 12th. StockNews.com began coverage on Intevac in a research report on Tuesday. They issued a “sell” rating for the company.

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.