Vecima Networks Inc. (TSE:VCM) Announces Quarterly Dividend of $0.06

Vecima Networks Inc. (TSE:VCM) declared a quarterly dividend on Tuesday, September 17th, Zacks reports. Stockholders of record on Friday, October 11th will be given a dividend of 0.055 per share on Monday, November 4th. This represents a $0.22 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date is Friday, October 11th.

Vecima Networks Price Performance

The business’s 50 day moving average is C$21.19 and its two-hundred day moving average is C$20.87. The firm has a market capitalization of C$539.68 million, a PE ratio of 33.13 and a beta of 0.63. The company has a current ratio of 1.49, a quick ratio of 0.83 and a debt-to-equity ratio of 43.54. Vecima Networks has a 52 week low of C$14.50 and a 52 week high of C$23.01.

Vecima Networks Company Profile

Vecima Networks Inc engages in the development of integrated hardware and software solutions for broadband access, content delivery, and telematics. The company operates through three segments: Video and Broadband Solutions, Content Delivery and Storage, and Telematics. The Video and Broadband Solutions segment offers platforms that process data from the cable network and deliver high-speed internet connectivity to homes over cable and fiber, as well as adapt video services.