AstroNova Inc (NASDAQ:ALOT) declared a — dividend on Thursday, August 29th, Wall Street Journal reports. Shareholders of record on Monday, September 16th will be given a dividend of 0.07 per share by the business services provider on Tuesday, September 24th. This represents a dividend yield of 1.7%. The ex-dividend date of this dividend is Friday, September 13th.
AstroNova has raised its dividend payment by an average of 7.7% annually over the last three years. AstroNova has a dividend payout ratio of 59.6% meaning its dividend is sufficiently covered by earnings.
Shares of AstroNova stock opened at $16.02 on Wednesday. The stock has a market cap of $109.11 million, a price-to-earnings ratio of 19.54, a PEG ratio of 1.73 and a beta of 0.37. The firm’s 50-day moving average is $20.77 and its 200 day moving average is $23.12. AstroNova has a 1 year low of $14.80 and a 1 year high of $27.96. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.73 and a quick ratio of 1.30.
A number of equities research analysts have recently commented on the stock. Zacks Investment Research cut shares of AstroNova from a “hold” rating to a “strong sell” rating in a report on Friday, August 30th. ValuEngine upgraded shares of AstroNova from a “hold” rating to a “buy” rating in a report on Wednesday, August 28th.
AstroNova Company Profile
AstroNova, Inc designs, develops, manufactures, and distributes specialty printers, and data acquisition and analysis systems in the United States, Canada, Asia, Europe, Central and South America, and internationally. The company operates through two segments, Product Identification and Test & Measurement (T&M).
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