Preformed Line Products (PLPC) to Issue Quarterly Dividend of $0.20 on April 21st

Preformed Line Products (NASDAQ:PLPCGet Free Report) declared a quarterly dividend on Monday, March 10th, RTT News reports. Investors of record on Tuesday, April 1st will be given a dividend of 0.20 per share by the technology company on Monday, April 21st. This represents a $0.80 annualized dividend and a yield of 0.56%. The ex-dividend date is Tuesday, April 1st.

Preformed Line Products Stock Down 2.1 %

Shares of PLPC stock opened at $142.72 on Friday. The company’s fifty day simple moving average is $137.95 and its two-hundred day simple moving average is $131.53. Preformed Line Products has a 52 week low of $109.01 and a 52 week high of $154.90. The stock has a market cap of $705.18 million, a P/E ratio of 21.43 and a beta of 0.61. The company has a quick ratio of 1.56, a current ratio of 2.81 and a debt-to-equity ratio of 0.06.

Preformed Line Products (NASDAQ:PLPCGet Free Report) last posted its earnings results on Thursday, March 13th. The technology company reported $2.13 EPS for the quarter. The company had revenue of $167.12 million for the quarter. Preformed Line Products had a return on equity of 7.88% and a net margin of 5.76%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Preformed Line Products from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, March 18th.

Check Out Our Latest Report on PLPC

About Preformed Line Products

(Get Free Report)

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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