Mentor Graphics Corp. (NASDAQ:MENT) announced a quarterly dividend on Tuesday, November 22nd. Investors of record on Thursday, December 8th will be given a dividend of 0.055 per share on Tuesday, January 3rd. This represents a $0.22 annualized dividend and a yield of 0.60%.

Shares of Mentor Graphics Corp. (NASDAQ:MENT) opened at 36.53 on Wednesday. The firm has a market capitalization of $3.95 billion, a price-to-earnings ratio of 63.53 and a beta of 0.66. Mentor Graphics Corp. has a 1-year low of $16.10 and a 1-year high of $37.03. The company has a 50-day moving average price of $29.95 and a 200 day moving average price of $24.17.

Mentor Graphics Corp. (NASDAQ:MENT) last issued its quarterly earnings results on Tuesday, November 22nd. The company reported $0.50 EPS for the quarter, beating analysts’ consensus estimates of $0.41 by $0.09. Mentor Graphics Corp. had a return on equity of 6.15% and a net margin of 5.85%. The firm had revenue of $322.52 million for the quarter, compared to analysts’ expectations of $309.43 million. During the same quarter in the prior year, the firm earned $0.28 EPS. The business’s revenue for the quarter was up 11.0% compared to the same quarter last year. On average, equities research analysts predict that Mentor Graphics Corp. will post $1.68 EPS for the current year.

Dividend History for Mentor Graphics Corp. (NASDAQ:MENT)

A number of brokerages have recently commented on MENT. KeyCorp reaffirmed a “hold” rating on shares of Mentor Graphics Corp. in a research report on Tuesday, August 16th. Zacks Investment Research raised Mentor Graphics Corp. from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 20th. Pacific Crest reaffirmed a “hold” rating on shares of Mentor Graphics Corp. in a research report on Thursday, August 18th. DA Davidson cut Mentor Graphics Corp. from a “buy” rating to a “neutral” rating and set a $24.00 price target on the stock. in a research report on Thursday, August 18th. They noted that the move was a valuation call. Finally, Credit Suisse Group AG began coverage on Mentor Graphics Corp. in a research report on Wednesday, October 19th. They set an “outperform” rating and a $34.00 price target on the stock. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $29.33.

Several hedge funds have recently added to or reduced their stakes in the stock. C M Bidwell & Associates Ltd. acquired a new position in shares of Mentor Graphics Corp. during the second quarter worth $188,000. Pacer Advisors Inc. acquired a new position in shares of Mentor Graphics Corp. during the second quarter worth $191,000. Veritable L.P. acquired a new position in shares of Mentor Graphics Corp. during the second quarter worth $216,000. Hsbc Holdings PLC acquired a new position in shares of Mentor Graphics Corp. during the third quarter worth $219,000. Finally, Panagora Asset Management Inc. raised its position in shares of Mentor Graphics Corp. by 1,183.9% in the second quarter. Panagora Asset Management Inc. now owns 12,338 shares of the company’s stock worth $262,000 after buying an additional 11,377 shares in the last quarter. Institutional investors own 94.13% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: “Mentor Graphics Corp. Announces Quarterly Dividend of $0.06 (MENT)” was originally reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this piece on another domain, it was illegally copied and reposted in violation of US and international copyright and trademark law. The legal version of this piece can be read at https://www.thecerbatgem.com/2016/11/23/mentor-graphics-corp-announces-quarterly-dividend-of-0-06-ment.html.

Mentor Graphics Corp. Company Profile

Mentor Graphics Corporation is a supplier of electronic design automation (EDA) tools, which include computer software and emulation hardware systems used to automate the design, analysis and testing of complex electro-mechanical systems, electronic hardware and embedded systems software in electronic systems and components.

5 Day Chart for NASDAQ:MENT

Receive News & Stock Ratings for Mentor Graphics Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mentor Graphics Corp. and related stocks with our FREE daily email newsletter.