Shares of CML Microsystems plc (LON:CML – Get Free Report) hit a new 52-week low on Monday . The stock traded as low as GBX 260 ($3.43) and last traded at GBX 264 ($3.49), with a volume of 4836 shares traded. The stock had previously closed at GBX 264.90 ($3.50).
Wall Street Analyst Weigh In
Separately, Shore Capital reissued a “house stock” rating on shares of CML Microsystems in a research note on Wednesday, August 14th.
Get Our Latest Stock Analysis on CML Microsystems
CML Microsystems Trading Down 0.3 %
CML Microsystems Increases Dividend
The business also recently announced a dividend, which was paid on Friday, August 16th. Shareholders of record on Thursday, August 1st were issued a GBX 6 ($0.08) dividend. This is a boost from CML Microsystems’s previous dividend of $5.00. This represents a yield of 1.78%. The ex-dividend date of this dividend was Thursday, August 1st. CML Microsystems’s dividend payout ratio is presently 8,461.54%.
CML Microsystems Company Profile
CML Microsystems plc, through its subsidiaries, designs, manufactures, and markets a range of semiconductor products for use in communications industries in the United Kingdom, the Americas, and Far East. It primarily offers high performance radio frequency products and mixed-signal baseband/modem processors for wireless and satellite, network infrastructure, internet of things, broadcast, and aerospace and defense markets.
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