Quarterhill Inc (TSE:QTRH) declared a quarterly dividend on Thursday, December 13th, TickerTech reports. Stockholders of record on Wednesday, January 9th will be given a dividend of 0.0125 per share on Wednesday, January 9th. This represents a $0.05 annualized dividend and a dividend yield of 3.76%. The ex-dividend date of this dividend is Thursday, December 13th.
Shares of QTRH traded down C$0.01 during mid-day trading on Friday, hitting C$1.33. 175,800 shares of the company’s stock traded hands, compared to its average volume of 284,880. The company has a debt-to-equity ratio of 2.68, a current ratio of 3.06 and a quick ratio of 2.64. Quarterhill has a 1 year low of C$1.33 and a 1 year high of C$2.45.
Separately, Canaccord Genuity reduced their price target on Quarterhill from C$2.50 to C$2.00 in a research note on Friday, November 9th.
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Quarterhill Company Profile
Quarterhill Inc focuses on acquisition and management of technology companies that provides products and services worldwide. Its Technology segment licenses patent technologies to approximately 355 companies. Its patent portfolios include patents relating to 3D television, phased loop semiconductor, semiconductor manufacturing and packaging, medical stent, intelligent personal assistant, streaming video, semiconductor clocking, LED lighting, smart meter monitoring, non-volatile flash memory and other memory, building automation, enhanced image processing, computer gaming, and various other technologies; automotive headlight assemblies, microcontrollers applicable to safety-critical aerospace, and CMOS image sensors; and medical, industrial, and automotive applications.
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