Preformed Line Products Company Declares Quarterly Dividend of $0.21 (NASDAQ:PLPC)

Preformed Line Products Company (NASDAQ:PLPC) declared a quarterly dividend on Thursday, September 17th. Shareholders of record on Thursday, October 1st will be paid a dividend of 0.21 per share by the technology company on Tuesday, October 20th. This represents a c) annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Thursday, October 1st.

Preformed Line Products Stock Up 4.1%

PLPC opened at $413.03 on Friday. Preformed Line Products has a one year low of $184.02 and a one year high of $504.69. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.88 and a current ratio of 2.99. The stock has a market capitalization of $2.02 billion, a P/E ratio of 46.51 and a beta of 0.93. The business’s 50-day simple moving average is $393.31 and its 200-day simple moving average is $352.39.

Preformed Line Products (NASDAQ:PLPC) last announced its earnings results on Wednesday, July 29th. The technology company reported $4.49 EPS for the quarter, beating analysts’ consensus estimates of $2.41 by $2.08. The business had revenue of $212.68 million during the quarter, compared to analysts’ expectations of $193.00 million. Preformed Line Products had a net margin of 5.82% and a return on equity of 10.64%.

About Preformed Line Products

Preformed Line Products Company (NASDAQ: PLPC) manufactures products and systems used to construct, maintain and improve overhead and underground networks. Its customers include electric utilities, telecommunications providers, cable operators and other infrastructure companies.

The company’s offerings include products for transmission and distribution lines, substation and utility applications, communications networks, broadband and data infrastructure, and renewable-energy installations.