Mesa Laboratories Inc. (NASDAQ:MLAB) announced a quarterly dividend on Wednesday, October 5th. Stockholders of record on Wednesday, November 30th will be paid a dividend of 0.16 per share on Thursday, December 15th. This represents a $0.64 annualized dividend and a dividend yield of 0.47%. The ex-dividend date of this dividend is Monday, November 28th.

Shares of Mesa Laboratories (NASDAQ:MLAB) opened at 135.58 on Wednesday. The stock’s 50 day moving average is $122.96 and its 200 day moving average is $116.25. Mesa Laboratories has a 12 month low of $77.00 and a 12 month high of $135.71. The company has a market cap of $498.80 million, a P/E ratio of 47.34 and a beta of 0.65.

Dividend History for Mesa Laboratories (NASDAQ:MLAB)

In other Mesa Laboratories news, Director H Stuart Campbell sold 3,000 shares of the stock in a transaction that occurred on Friday, September 16th. The shares were sold at an average price of $115.03, for a total transaction of $345,090.00. Following the transaction, the director now directly owns 67,930 shares in the company, valued at $7,813,987.90. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO John Sakys sold 1,000 shares of the stock in a transaction that occurred on Thursday, November 17th. The shares were sold at an average price of $127.14, for a total transaction of $127,140.00. Following the transaction, the chief financial officer now owns 2,000 shares in the company, valued at $254,280. The disclosure for this sale can be found here. Company insiders own 17.00% of the company’s stock.

Separately, Zacks Investment Research downgraded shares of Mesa Laboratories from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 10th.

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About Mesa Laboratories

Mesa Laboratories, Inc is focused primarily on quality control products and services. The Company operates through four segments: Instruments, Continuous Monitoring, Biological Indicators and Cold Chain. The Instruments Division designs, manufactures and markets quality control instruments and disposable products.

5 Day Chart for NASDAQ:MLAB

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