Ingram Micro Holding Corporation (NYSE:INGM) to Issue Quarterly Dividend of $0.09

Ingram Micro Holding Corporation (NYSE:INGM) declared a quarterly dividend on Thursday, October 29th. Investors of record on Monday, November 9th will be given a dividend of $0.0880 per share on Monday, November 23rd. This represents a $0.35 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Monday, November 9th. This is a 2.3% increase from Ingram Micro’s previous quarterly dividend of $0.0860.

Ingram Micro Stock Performance

Shares of INGM stock opened at $28.53 on Friday. The company has a market capitalization of $6.58 billion, a price-to-earnings ratio of 15.59, a PEG ratio of 0.73 and a beta of 1.76. The company has a 50-day simple moving average of $27.55 and a 200 day simple moving average of $26.29. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.88 and a current ratio of 1.31. Ingram Micro has a 52 week low of $19.03 and a 52 week high of $31.69.

Ingram Micro (NYSE:INGM) last posted its quarterly earnings results on Thursday, October 29th. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.13. The business had revenue of $15.22 billion for the quarter, compared to analyst estimates of $13.83 billion. Ingram Micro had a net margin of 0.77% and a return on equity of 18.07%. During the same quarter last year, the business posted $0.72 EPS. On average, sell-side analysts predict that Ingram Micro will post 3.40 earnings per share for the current year.

About Ingram Micro

Ingram Micro Inc is a global technology distribution and services company that connects technology manufacturers with businesses, resellers, systems integrators and other channel partners. Its portfolio includes hardware, software, cloud solutions, cybersecurity products, networking equipment, data-center technologies and communications solutions.

The company also provides value-added services such as cloud marketplace management, device lifecycle services, logistics, fulfillment, financing support, technical assistance and professional services.