Vecima Networks Inc. (VCM) to Issue Quarterly Dividend of $0.06 on November 9th

Vecima Networks Inc. (TSE:VCM) announced a quarterly dividend on Friday, October 16th. Stockholders of record on Monday, November 9th will be given a dividend of $0.0550 per share on Monday, November 9th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Friday, October 16th.

Vecima Networks Price Performance

Shares of VCM opened at C$13.45 on Wednesday. The company has a market capitalization of C$327.04 million, a P/E ratio of 103.46 and a beta of 0.40. The company has a quick ratio of 0.83, a current ratio of 1.71 and a debt-to-equity ratio of 22.55. The firm has a 50 day moving average of C$12.58 and a 200 day moving average of C$12.95. Vecima Networks has a twelve month low of C$9.31 and a twelve month high of C$14.49.

Vecima Networks (TSE:VCM) last announced its quarterly earnings data on Thursday, September 24th. The company reported C$0.21 earnings per share for the quarter. The company had revenue of C$85.33 million during the quarter. Vecima Networks had a net margin of 1.06% and a return on equity of 1.49%. As a group, equities research analysts anticipate that Vecima Networks will post 1.18 earnings per share for the current fiscal year.

About Vecima Networks

Vecima Networks Inc (TSX: VCM) builds the intelligent infrastructure powering the next generation of connectivity. Through broadband access, content delivery, cloud-native software, automation, and AI-enabled solutions, Vecima helps service providers modernize cable and fiber networks, deliver exceptional broadband and video experiences, and operate more intelligent, efficient networks. As operators evolve toward AI-enabled, software-driven architectures, Vecima’s platforms simplify operations, accelerate innovation, and enable the reliable, high-performance networks that connect homes, businesses, and communities around the world.