CSP Inc. to Issue Quarterly Dividend of $0.03 (NASDAQ:CSPI)

CSP Inc. (NASDAQ:CSPI) declared a quarterly dividend on Thursday, February 12th. Investors of record on Thursday, February 26th will be paid a dividend of 0.03 per share by the information technology services provider on Thursday, March 12th. This represents a c) annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Thursday, February 26th.

CSP has decreased its dividend by an average of 0.0%annually over the last three years and has increased its dividend every year for the last 2 years.

CSP Price Performance

CSP stock opened at $9.19 on Friday. CSP has a 12 month low of $8.89 and a 12 month high of $20.39. The stock’s 50-day moving average is $12.11 and its 200-day moving average is $11.85. The company has a market cap of $90.98 million, a price-to-earnings ratio of -919.00 and a beta of 0.73.

CSP (NASDAQ:CSPI) last released its quarterly earnings data on Thursday, February 12th. The information technology services provider reported $0.01 earnings per share (EPS) for the quarter. The company had revenue of $12.04 million during the quarter. CSP had a negative net margin of 0.21% and a negative return on equity of 0.27%.

CSP Company Profile

CSP Inc develops and markets IT integration solutions, security products, managed IT services, cloud services, purpose-built network adapters, and cluster computer systems for commercial and defense customers worldwide. It operates in two segments, Technology Solutions and High Performance Products. The Technology Solutions segment provides third-party computer hardware and software as a value-added reseller to various customers in web and infrastructure hosting, education, telecommunications, healthcare services, distribution, financial and professional services, and manufacturing industries.