Preformed Line Products Company Plans Quarterly Dividend of $0.21 (NASDAQ:PLPC)

Preformed Line Products Company (NASDAQ:PLPC) announced a quarterly dividend on Thursday, September 17th. Investors of record on Thursday, October 1st will be given a dividend of 0.21 per share by the technology company on Tuesday, October 20th. This represents a c) annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Thursday, October 1st.

Preformed Line Products Stock Performance

Shares of NASDAQ:PLPC opened at $413.03 on Friday. The company has a quick ratio of 1.88, a current ratio of 2.99 and a debt-to-equity ratio of 0.07. The company has a market capitalization of $2.02 billion, a price-to-earnings ratio of 46.51 and a beta of 0.93. The firm has a 50 day moving average of $393.31 and a 200 day moving average of $352.39. Preformed Line Products has a 52 week low of $184.02 and a 52 week high of $504.69.

Preformed Line Products (NASDAQ:PLPC) last issued its quarterly earnings data on Wednesday, July 29th. The technology company reported $4.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.41 by $2.08. Preformed Line Products had a net margin of 5.82% and a return on equity of 10.64%. The firm had revenue of $212.68 million for the quarter, compared to the consensus estimate of $193.00 million.

Preformed Line Products Company Profile

Preformed Line Products Company (NASDAQ: PLPC) manufactures products and systems used to construct, maintain and improve overhead and underground networks. Its customers include electric utilities, telecommunications providers, cable operators and other infrastructure companies.

The company’s offerings include products for transmission and distribution lines, substation and utility applications, communications networks, broadband and data infrastructure, and renewable-energy installations.