NAPCO Security Technologies, Inc. (NSSC) to Issue Quarterly Dividend of $0.17 on October 2nd

NAPCO Security Technologies, Inc. (NASDAQ:NSSC – Get Free Report) announced a quarterly dividend on Thursday, August 20th. Shareholders of record on Friday, September 11th will be paid a dividend of 0.17 per share by the industrial products company on Friday, October 2nd. This represents a c) annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Friday, September 11th. This is a 13.3% increase from NAPCO Security Technologies’s previous quarterly dividend of $0.15.

NAPCO Security Technologies has a payout ratio of 57.6% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect NAPCO Security Technologies to earn $1.87 per share next year, which means the company should continue to be able to cover its $0.68 annual dividend with an expected future payout ratio of 36.4%.

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NAPCO Security Technologies Stock Up 0.2%

Shares of NAPCO Security Technologies stock opened at $37.08 on Wednesday. The stock has a market cap of $1.33 billion, a PE ratio of 30.64 and a beta of 1.43. NAPCO Security Technologies has a 12 month low of $33.91 and a 12 month high of $51.77. The business has a fifty day simple moving average of $37.30 and a 200-day simple moving average of $39.45.

NAPCO Security Technologies (NASDAQ:NSSC – Get Free Report) last announced its quarterly earnings data on Monday, August 24th. The industrial products company reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.11. The firm had revenue of $55.81 million during the quarter, compared to analyst estimates of $52.51 million. NAPCO Security Technologies had a return on equity of 31.41% and a net margin of 21.27%.The business’s quarterly revenue was up 10.1% compared to the same quarter last year. During the same period last year, the company posted $0.33 EPS. Analysts expect that NAPCO Security Technologies will post 1.66 EPS for the current fiscal year.

About NAPCO Security Technologies

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NAPCO Security Technologies, Inc (NASDAQ: NSSC) is a designer and manufacturer of electronic security solutions for commercial and residential applications. The company’s product portfolio spans intrusion and fire alarm control panels, alarm communicators, access control locks and readers, as well as a broad range of peripheral modules and integrated security accessories. NAPCO’s offerings are engineered to deliver scalable, networked security systems suitable for new installations and retrofit projects alike.

Key product lines include hybrid alarm control panels that support both wired and wireless peripherals, cellular and IP alarm communicators for reliable central station reporting, and the acclaimed “Alarm Lock” series of standalone and networked electronic door locks.

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