Exco Technologies Limited (XTC) to Issue Quarterly Dividend of $0.08 on December 28th

Exco Technologies Limited (TSE:XTC) announced a quarterly dividend on Wednesday, November 29th, Zacks reports. Investors of record on Wednesday, December 13th will be given a dividend of 0.08 per share on Thursday, December 28th. This represents a $0.32 annualized dividend and a yield of 3.44%. The ex-dividend date is Tuesday, December 12th.

Exco Technologies (TSE:XTC) traded up C$0.07 during trading hours on Thursday, reaching C$9.30. 53,239 shares of the company traded hands, compared to its average volume of 47,999. Exco Technologies has a twelve month low of C$8.80 and a twelve month high of C$12.79.

Several equities analysts have commented on XTC shares. Scotiabank lowered their price objective on Exco Technologies from C$12.50 to C$10.00 and set a “sector perform” rating for the company in a research report on Friday, December 1st. BMO Capital Markets lowered their price objective on Exco Technologies from C$11.50 to C$10.00 in a research report on Friday, December 1st.

In related news, insider Edward James Kernaghan purchased 3,000 shares of the stock in a transaction dated Monday, December 4th. The stock was purchased at an average price of C$9.20 per share, with a total value of C$27,600.00.

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About Exco Technologies

Exco Technologies Limited, together with its subsidiaries, designs, develops, manufactures, and sells dies, molds, components and assemblies, and consumable equipment for the die-cast, extrusion, and automotive industries. It operates in two segments, Casting and Extrusion; and Automotive Solutions. The Casting and Extrusion segment designs, develops, manufactures, and sells die-castings and extrusion tooling products, and consumable parts for aluminum die-casting and aluminum extrusion machines.

Dividend History for Exco Technologies (TSE:XTC)

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