Preformed Line Products Company (NASDAQ:PLPC – Get Free Report) declared a quarterly dividend on Thursday, September 17th. Investors of record on Thursday, October 1st will be paid a dividend of 0.21 per share by the technology company on Tuesday, October 20th. This represents a c) annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Thursday, October 1st.
Preformed Line Products Stock Up 4.1%
PLPC opened at $413.03 on Friday. Preformed Line Products has a fifty-two week low of $184.02 and a fifty-two week high of $504.69. The firm has a market capitalization of $2.02 billion, a P/E ratio of 46.51 and a beta of 0.93. The company’s 50-day moving average is $393.31 and its 200 day moving average is $352.39. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.99 and a quick ratio of 1.88.
Preformed Line Products (NASDAQ:PLPC – Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The technology company reported $4.49 EPS for the quarter, topping analysts’ consensus estimates of $2.41 by $2.08. The company had revenue of $212.68 million for the quarter, compared to analysts’ expectations of $193.00 million. Preformed Line Products had a net margin of 5.82% and a return on equity of 10.64%.
Analysts Set New Price Targets
Check Out Our Latest Stock Analysis on Preformed Line Products
About Preformed Line Products
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.
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