Intertape Polymer Group Inc. (OTCMKTS:ITPOF) announced a quarterly dividend on Friday, August 11th, Zacks reports. Stockholders of record on Friday, September 15th will be paid a dividend of 0.14 per share by the industrial products company on Friday, September 29th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 3.63%. The ex-dividend date of this dividend is Thursday, September 14th.
Shares of Intertape Polymer Group (ITPOF) remained flat at $15.44 during mid-day trading on Wednesday. The firm has a market capitalization of $915.39 million, a PE ratio of 17.75 and a beta of 1.24. The firm has a 50-day moving average price of $17.12 and a 200 day moving average price of $17.55. Intertape Polymer Group has a one year low of $15.25 and a one year high of $20.05.
Intertape Polymer Group (OTCMKTS:ITPOF) last posted its quarterly earnings results on Friday, August 11th. The industrial products company reported $0.17 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.06). Intertape Polymer Group had a return on equity of 24.35% and a net margin of 6.19%. The business had revenue of $210.16 million for the quarter. Equities research analysts forecast that Intertape Polymer Group will post $0.99 earnings per share for the current fiscal year.
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About Intertape Polymer Group
Intertape Polymer Group Inc operates in the specialty packaging industry. The Company develops, manufactures and sells a range of paper and film-based pressure sensitive and water activated tapes, polyethylene and specialized polyolefin packaging films, woven coated fabrics and complementary packaging systems for industrial and retail use.
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