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

Preformed Line Products Company (NASDAQ:PLPC) announced a quarterly dividend on Thursday, June 18th. Shareholders of record on Wednesday, July 1st will be given a dividend of 0.21 per share by the technology company on Monday, July 20th. This represents a c) annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Wednesday, July 1st.

Preformed Line Products Stock Performance

PLPC opened at $384.27 on Friday. The company has a market capitalization of $1.88 billion, a price-to-earnings ratio of 55.29 and a beta of 0.90. The business’s 50-day moving average price is $349.70 and its two-hundred day moving average price is $283.67. Preformed Line Products has a 1 year low of $139.04 and a 1 year high of $397.34. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.01 and a quick ratio of 1.78.

Preformed Line Products (NASDAQ:PLPC) last posted its quarterly earnings data on Wednesday, April 29th. The technology company reported $2.14 earnings per share for the quarter, topping the consensus estimate of $1.82 by $0.32. The company had revenue of $176.28 million during the quarter, compared to analysts’ expectations of $178.00 million. Preformed Line Products had a return on equity of 8.96% and a net margin of 4.92%.

About Preformed Line Products

Preformed Line Products Company (NASDAQ: PLPC) is a global manufacturer of engineered solutions for electric, telecommunications and industrial infrastructure networks. The company designs, engineers and produces a broad portfolio of products, including preformed wire and cable fittings, anchors, suspension and tension clamps, splice closures and optical fiber hardware. These durable components support the installation, repair and maintenance of overhead and underground systems, helping utilities and contractors manage reliability and safety in demanding environments.

Founded in 1947 and headquartered in Mayfield Village, Ohio, Preformed Line Products operates manufacturing facilities and distribution centers across North America, Europe and the Asia Pacific region.