Preformed Line Products Company (NASDAQ:PLPC) Announces Quarterly Dividend of $0.21

Preformed Line Products Company (NASDAQ:PLPC) declared a quarterly dividend on Wednesday, March 18th. Stockholders of record on Wednesday, April 1st will be given a dividend of 0.21 per share by the technology company on Monday, April 20th. This represents a c) annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Wednesday, April 1st.

Preformed Line Products Price Performance

NASDAQ PLPC opened at $256.19 on Thursday. Preformed Line Products has a 12 month low of $128.00 and a 12 month high of $287.96. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.17 and a quick ratio of 1.87. The firm has a market capitalization of $1.26 billion, a PE ratio of 35.88 and a beta of 0.76. The company’s 50 day simple moving average is $255.64 and its 200 day simple moving average is $225.67.

Preformed Line Products (NASDAQ:PLPC) last released its earnings results on Wednesday, March 4th. The technology company reported $1.72 earnings per share for the quarter, topping analysts’ consensus estimates of $1.64 by $0.08. The firm had revenue of $173.11 million during the quarter, compared to the consensus estimate of $177.00 million. Preformed Line Products had a return on equity of 9.36% and a net margin of 5.27%.

About Preformed Line Products

Preformed Line Products Company (NASDAQ: PLPC) is a global manufacturer of engineered solutions for electric, telecommunications and industrial infrastructure networks. The company designs, engineers and produces a broad portfolio of products, including preformed wire and cable fittings, anchors, suspension and tension clamps, splice closures and optical fiber hardware. These durable components support the installation, repair and maintenance of overhead and underground systems, helping utilities and contractors manage reliability and safety in demanding environments.

Founded in 1947 and headquartered in Mayfield Village, Ohio, Preformed Line Products operates manufacturing facilities and distribution centers across North America, Europe and the Asia Pacific region.