Vistance Networks, Inc. (NASDAQ:VISN) to Issue Dividend of $5.00

Vistance Networks, Inc. (NASDAQ:VISN) announced a dividend on Wednesday, August 5th. Investors of record on Monday, August 17th will be paid a dividend of 5.00 per share by the business services provider on Thursday, August 27th. The ex-dividend date of this dividend is Monday, August 17th.

Vistance Networks Stock Down 18.2%

VISN traded down $2.25 on Thursday, reaching $10.10. The company had a trading volume of 24,193,680 shares, compared to its average volume of 5,805,872. The stock has a 50-day moving average price of $12.29 and a 200-day moving average price of $15.31. The stock has a market capitalization of $2.28 billion, a PE ratio of 0.34 and a beta of 2.36. Vistance Networks has a 1 year low of $9.47 and a 1 year high of $20.55.

About Vistance Networks

CommScope Holding Company, Inc provides infrastructure solutions for communications and entertainment networks. It operates through four segments: Broadband Networks (Broadband), Outdoor Wireless Networks (OWN), Venue and Campus Networks (VCN), and Home Networks (Home). The Broadband segment provides converged cable access platforms, passive optical networking products, video systems, access technologies, fiber and coaxial cables, fiber and copper connectivity products, and hardened closures to the telco and cable provider broadband market.