Preformed Line Products (NASDAQ:PLPC) to Issue Quarterly Dividend of $0.20

Preformed Line Products (NASDAQ:PLPCGet Free Report) declared a quarterly dividend on Wednesday, June 19th, Zacks reports. Investors of record on Monday, July 1st will be given a dividend of 0.20 per share by the technology company on Friday, July 19th. This represents a $0.80 dividend on an annualized basis and a yield of 0.62%. The ex-dividend date is Monday, July 1st.

Preformed Line Products Stock Down 2.8 %

Preformed Line Products stock opened at $128.13 on Friday. The company has a market cap of $630.40 million, a P/E ratio of 12.39 and a beta of 0.70. Preformed Line Products has a 1-year low of $104.96 and a 1-year high of $184.82. The company has a fifty day simple moving average of $128.58 and a 200 day simple moving average of $128.63. The company has a current ratio of 3.15, a quick ratio of 1.73 and a debt-to-equity ratio of 0.12.

Preformed Line Products (NASDAQ:PLPCGet Free Report) last announced its quarterly earnings results on Wednesday, May 1st. The technology company reported $1.94 EPS for the quarter. The firm had revenue of $140.90 million during the quarter. Preformed Line Products had a net margin of 8.20% and a return on equity of 12.67%.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of Preformed Line Products from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 7th.

Read Our Latest Stock Analysis on PLPC

Preformed Line Products Company Profile

(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.

See Also

Dividend History for Preformed Line Products (NASDAQ:PLPC)

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