Psychemedics Corp. (PMD) Declares Quarterly Dividend of $0.15

Psychemedics Corp. (NASDAQ:PMD) announced a quarterly dividend on Wednesday, March 7th, NASDAQ reports. Investors of record on Monday, March 19th will be given a dividend of 0.15 per share on Thursday, March 29th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.97%. The ex-dividend date is Friday, March 16th.

Shares of Psychemedics (PMD) opened at $20.20 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.72 and a quick ratio of 2.72. The company has a market capitalization of $110.94, a PE ratio of 18.36 and a beta of 0.73. Psychemedics has a 52-week low of $15.99 and a 52-week high of $27.99.

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About Psychemedics

Psychemedics Corporation (Psychemedics) provides hair testing for drugs of abuse, utilizing a hair analysis method involving digestion of hair, enzyme immunoassay (EIA) technology and confirmation by mass spectrometry to analyze human hair to detect abused substances. The Company operates in drug testing services segment.

Dividend History for Psychemedics (NASDAQ:PMD)

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