Mesa Laboratories, Inc. Plans Quarterly Dividend of $0.16 (NASDAQ:MLAB)

Mesa Laboratories, Inc. (NASDAQ:MLAB) announced a quarterly dividend on Wednesday, January 7th. Stockholders of record on Saturday, February 28th will be given a dividend of 0.16 per share by the medical instruments supplier on Monday, March 16th. This represents a c) annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Friday, February 27th.

Mesa Laboratories has a dividend payout ratio of 5.2% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Mesa Laboratories to earn $8.72 per share next year, which means the company should continue to be able to cover its $0.64 annual dividend with an expected future payout ratio of 7.3%.

Mesa Laboratories Stock Down 0.0%

Mesa Laboratories stock opened at $87.89 on Thursday. The company has a quick ratio of 1.44, a current ratio of 2.02 and a debt-to-equity ratio of 0.95. Mesa Laboratories has a 12-month low of $55.45 and a 12-month high of $155.12. The firm’s fifty day moving average is $78.09 and its 200 day moving average is $75.59. The company has a market capitalization of $485.15 million, a PE ratio of -274.66 and a beta of 0.89.

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.