AudioCodes Ltd. (NASDAQ:AUDC – Get Free Report) declared a dividend on Tuesday, August 4th. Investors of record on Wednesday, August 19th will be given a dividend of 0.20 per share by the communications equipment provider on Thursday, September 3rd. This represents a yield of 398.0%. The ex-dividend date is Wednesday, August 19th.
AudioCodes has raised its dividend by an average of 0.1%per year over the last three years. AudioCodes has a payout ratio of 51.9% indicating that its dividend is sufficiently covered by earnings.
AudioCodes Price Performance
AUDC stock opened at $10.37 on Monday. AudioCodes has a 12 month low of $6.95 and a 12 month high of $10.86. The firm has a market cap of $250.44 million, a P/E ratio of 39.89 and a beta of 0.96. The company’s 50-day moving average price is $9.66 and its two-hundred day moving average price is $8.87.
AudioCodes Company Profile
AudioCodes Ltd is a global provider of advanced voice networking and media processing solutions for enterprises and service providers. The company designs and manufactures a comprehensive portfolio of products, including session border controllers (SBCs), media gateways, IP phones, management and monitoring software, and cloud-based communications microservices. Its offerings support a wide range of unified communications (UC) and contact center deployments, enabling secure, high-quality voice connectivity across on-premises, hybrid and cloud environments.
Founded in 1993 and headquartered in Rosh Ha’Ayin, Israel, AudioCodes serves customers in North America, Europe, Asia-Pacific and Latin America.
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