CSP Inc. (CSPI) To Go Ex-Dividend on May 21st

CSP Inc. (NASDAQ:CSPI) announced a quarterly dividend on Thursday, May 7th. Stockholders of record on Thursday, May 21st will be paid a dividend of 0.03 per share by the information technology services provider on Monday, June 15th. This represents a c) dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Thursday, May 21st.

CSP has decreased its dividend by an average of 0.0%annually over the last three years and has raised its dividend every year for the last 2 years.

CSP Trading Up 1.5%

Shares of CSPI stock opened at $9.44 on Tuesday. The business’s 50-day moving average price is $8.93 and its 200-day moving average price is $10.59. CSP has a 12 month low of $7.55 and a 12 month high of $15.94. The firm has a market capitalization of $95.06 million, a price-to-earnings ratio of -944.00 and a beta of 0.80.

CSP (NASDAQ:CSPI) last announced its quarterly earnings results on Thursday, May 7th. The information technology services provider reported $0.03 EPS for the quarter. CSP had a negative return on equity of 0.25% and a negative net margin of 0.20%.The firm had revenue of $16.01 million for the quarter.

About CSP

CSP Inc develops and markets IT integration solutions, security products, managed IT services, cloud services, purpose-built network adapters, and cluster computer systems for commercial and defense customers worldwide. It operates in two segments, Technology Solutions and High Performance Products. The Technology Solutions segment provides third-party computer hardware and software as a value-added reseller to various customers in web and infrastructure hosting, education, telecommunications, healthcare services, distribution, financial and professional services, and manufacturing industries.