Mesa Laboratories, Inc. (NASDAQ:MLAB – Get Free Report) declared a quarterly dividend on Monday, July 6th. Stockholders of record on Monday, August 31st will be given a dividend of 0.16 per share by the medical instruments supplier on Tuesday, September 15th. This represents a c) annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Monday, August 31st.
Mesa Laboratories has a dividend payout ratio of 5.2% meaning its dividend is sufficiently covered by earnings.
Mesa Laboratories Trading Up 0.3%
Shares of MLAB stock opened at $129.09 on Friday. The company has a current ratio of 1.79, a quick ratio of 1.32 and a debt-to-equity ratio of 0.73. Mesa Laboratories has a twelve month low of $58.83 and a twelve month high of $129.66. The company’s 50-day moving average price is $104.42 and its 200-day moving average price is $98.58. The stock has a market cap of $722.90 million, a price-to-earnings ratio of 153.68 and a beta of 0.92.
About Mesa Laboratories
Mesa Laboratories, Inc (NASDAQ: MLAB) is a global provider of instrumentation products designed for critical process monitoring, testing and calibration. Headquartered in Lakewood, Colorado, the company serves a diverse set of end markets including healthcare, pharmaceutical, food and beverage, energy and industrial sectors. With a focus on precision measurement and validation, Mesa Laboratories helps customers ensure regulatory compliance, product safety and operational efficiency across complex manufacturing and sterilization processes.
The company’s product portfolio encompasses biological and chemical indicators for sterilization process validation, digital data loggers and sensors for environmental monitoring, and optical gas analyzers with sample-conditioning solutions for oil, gas and petrochemical applications.
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