Evertz Technologies Limited (ET) To Go Ex-Dividend on July 6th

Evertz Technologies Limited (TSE:ET) announced a quarterly dividend on Monday, July 6th, TickerTech Dividends reports. Stockholders of record on Monday, July 13th will be given a dividend of 0.205 per share on Monday, July 13th. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date is Monday, July 6th.

Evertz Technologies Stock Performance

ET stock opened at C$18.50 on Friday. The company has a debt-to-equity ratio of 6.93, a current ratio of 1.63 and a quick ratio of 0.68. The company has a 50 day moving average price of C$16.54 and a 200 day moving average price of C$15.65. Evertz Technologies has a fifty-two week low of C$11.92 and a fifty-two week high of C$21.50. The stock has a market capitalization of C$1.40 billion, a PE ratio of 22.29, a price-to-earnings-growth ratio of 0.79 and a beta of 0.85.

Evertz Technologies (TSE:ET) last announced its quarterly earnings data on Wednesday, June 24th. The company reported C$0.20 EPS for the quarter. The firm had revenue of C$131.57 million for the quarter. Evertz Technologies had a return on equity of 27.67% and a net margin of 12.40%. Analysts forecast that Evertz Technologies will post 0.8010974 EPS for the current year.

Insider Activity

In other news, Director Rakesh Thakor Patel sold 22,200 shares of the company’s stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of C$16.70, for a total value of C$370,740.00. Following the completion of the sale, the director directly owned 398,350 shares of the company’s stock, valued at C$6,652,445. This represents a 5.28% decrease in their position. 64.40% of the stock is owned by corporate insiders.

About Evertz Technologies

Evertz Technologies Limited (TSX: ET) designs, manufactures and markets video and audio infrastructure solutions for the production, post-production and transmission of video content. The Company’s solutions are purchased by the television broadcast, telecommunications, professional audio-visual, content creator, advanced education, government, military, enterprise, and new media sectors to support increasingly complex multi-channel digital and high-definition, Ultra HD, and high dynamic range formats and next generation high bandwidth low latency IP network environments.