Insignia Systems Inc. (NASDAQ:ISIG) announced a special dividend on Wednesday, November 30th. Stockholders of record on Friday, December 16th will be given a dividend of 0.70 per share on Friday, January 6th. The ex-dividend date is Monday, January 9th.

Insignia Systems (NASDAQ:ISIG) traded up 7.11% during midday trading on Wednesday, reaching $2.26. The company had a trading volume of 24,694 shares. The stock has a market capitalization of $26.50 million, a PE ratio of 565.00 and a beta of 0.52. Insignia Systems has a 1-year low of $1.95 and a 1-year high of $3.00. The firm’s 50 day moving average is $2.17 and its 200 day moving average is $2.25.

Separately, TheStreet downgraded shares of Insignia Systems from a “hold” rating to a “sell” rating in a research note on Thursday, November 10th.

COPYRIGHT VIOLATION WARNING: This news story was reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this news story on another publication, it was copied illegally and republished in violation of international trademark and copyright laws. The legal version of this news story can be read at https://www.thecerbatgem.com/2016/11/30/insignia-systems-inc-isig-declares-special-dividend-of-0-70.html.

About Insignia Systems

Insignia Systems, Inc (Insignia) is a developer and marketer of in-store products, programs and services for consumer goods manufacturers and retail partners drive sales at the point of purchase. The Company’s products include the Insignia Point-of-Purchase Services (POPS) in-store marketing program, thermal sign card supplies for the Company’s Impulse Retail System, laser printable cardstock and label supplies, and The Like Machine.

5 Day Chart for NASDAQ:ISIG

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