NAPCO Security Technologies, Inc. (NSSC) To Go Ex-Dividend on March 12th

NAPCO Security Technologies, Inc. (NASDAQ:NSSC) announced a quarterly dividend on Thursday, January 29th. Investors of record on Thursday, March 12th will be given a dividend of 0.15 per share by the industrial products company on Friday, April 3rd. This represents a c) dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Thursday, March 12th. This is a 7.1% increase from NAPCO Security Technologies’s previous quarterly dividend of $0.14.

NAPCO Security Technologies has a payout ratio of 50.8% meaning its dividend is sufficiently covered by earnings. Analysts expect NAPCO Security Technologies to earn $1.45 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 41.4%.

NAPCO Security Technologies Trading Up 4.6%

Shares of NASDAQ NSSC opened at $43.05 on Tuesday. NAPCO Security Technologies has a 1-year low of $19.00 and a 1-year high of $48.12. The company has a 50-day moving average of $42.07 and a two-hundred day moving average of $41.73. The company has a market cap of $1.54 billion, a PE ratio of 32.37 and a beta of 1.44.

NAPCO Security Technologies (NASDAQ:NSSC) last issued its quarterly earnings results on Monday, February 2nd. The industrial products company reported $0.38 earnings per share for the quarter, beating analysts’ consensus estimates of $0.33 by $0.05. NAPCO Security Technologies had a net margin of 24.70% and a return on equity of 27.45%. The business had revenue of $48.17 million during the quarter, compared to analyst estimates of $47.82 million. During the same quarter last year, the business posted $0.28 earnings per share. NAPCO Security Technologies’s revenue for the quarter was up 12.4% compared to the same quarter last year. As a group, equities research analysts forecast that NAPCO Security Technologies will post 1.24 earnings per share for the current year.

NAPCO Security Technologies Company Profile

NAPCO Security Technologies, Inc (NASDAQ: NSSC) is a designer and manufacturer of electronic security solutions for commercial and residential applications. The company’s product portfolio spans intrusion and fire alarm control panels, alarm communicators, access control locks and readers, as well as a broad range of peripheral modules and integrated security accessories. NAPCO’s offerings are engineered to deliver scalable, networked security systems suitable for new installations and retrofit projects alike.

Key product lines include hybrid alarm control panels that support both wired and wireless peripherals, cellular and IP alarm communicators for reliable central station reporting, and the acclaimed “Alarm Lock” series of standalone and networked electronic door locks.