BK Technologies Co. (NYSEAMERICAN:BKTI) to Issue $0.02 Quarterly Dividend

BK Technologies Co. (NYSEAMERICAN:BKTI) declared a quarterly dividend on Friday, March 19th, Wall Street Journal reports. Investors of record on Monday, April 12th will be given a dividend of 0.02 per share on Monday, April 26th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.61%. The ex-dividend date of this dividend is Friday, April 9th.

BK Technologies has decreased its dividend payment by 33.3% over the last three years and has increased its dividend annually for the last 1 consecutive years.

BK Technologies stock opened at $4.98 on Thursday. The firm has a 50-day simple moving average of $3.04. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.89 and a quick ratio of 1.79. The company has a market capitalization of $62.31 million, a PE ratio of -31.13 and a beta of 1.30. BK Technologies has a 12-month low of $1.61 and a 12-month high of $5.50.

Separately, TheStreet upgraded BK Technologies from a “d+” rating to a “c-” rating in a research report on Wednesday, January 27th.

BK Technologies Company Profile

BK Technologies Corporation, through its subsidiary, BK Technologies, Inc, designs, manufactures, and markets wireless communications products in the United States and internationally. The company offers two-way land mobile radios (LMR), repeaters, base stations, and related components and subsystems under BK Technologies, BK Radio, and RELM brand names.

See Also: Equity Income

Dividend History for BK Technologies (NYSEAMERICAN:BKTI)

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