Mesa Laboratories, Inc. (MLAB) To Go Ex-Dividend on August 31st

Mesa Laboratories, Inc. (NASDAQ:MLAB) announced a quarterly dividend on Monday, July 6th. Investors of record on Monday, August 31st will be given a dividend of 0.16 per share by the medical instruments supplier on Tuesday, September 15th. This represents a c) annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Monday, August 31st.

Mesa Laboratories has a dividend payout ratio of 5.2% indicating that its dividend is sufficiently covered by earnings.

Mesa Laboratories Stock Performance

NASDAQ:MLAB opened at $96.16 on Wednesday. The firm has a 50-day moving average of $102.02 and a two-hundred day moving average of $92.68. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.72 and a quick ratio of 1.29. The stock has a market cap of $530.80 million, a P/E ratio of 80.13 and a beta of 0.93. Mesa Laboratories has a 1-year low of $55.45 and a 1-year high of $113.99.

Mesa Laboratories (NASDAQ:MLAB) last released its quarterly earnings results on Wednesday, May 27th. The medical instruments supplier reported $1.53 EPS for the quarter, missing the consensus estimate of $1.78 by ($0.25). Mesa Laboratories had a return on equity of 20.96% and a net margin of 2.69%.The business had revenue of $63.72 million during the quarter, compared to analyst estimates of $65.21 million. During the same quarter last year, the firm posted ($1.31) EPS.

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.