Allied Motion Technologies, Inc. (AMOT) to Issue Quarterly Dividend of $0.03 on November 29th
Allied Motion Technologies, Inc. (NASDAQ:AMOT) declared a quarterly dividend on Thursday, November 2nd, Wall Street Journal reports. Investors of record on Thursday, November 16th will be paid a dividend of 0.025 per share by the technology company on Wednesday, November 29th. This represents a $0.10 dividend on an annualized basis and a yield of 0.31%. The ex-dividend date is Wednesday, November 15th.
Allied Motion Technologies (AMOT) opened at $31.99 on Tuesday. The stock has a market cap of $300.04, a PE ratio of 33.77, a P/E/G ratio of 1.98 and a beta of 1.91. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.80 and a quick ratio of 1.76. Allied Motion Technologies has a 12-month low of $19.09 and a 12-month high of $34.83.
A number of equities analysts recently issued reports on AMOT shares. Zacks Investment Research upgraded shares of Allied Motion Technologies from a “strong sell” rating to a “hold” rating in a research report on Monday, October 9th. TheStreet lowered shares of Allied Motion Technologies from a “b” rating to a “c+” rating in a research report on Tuesday, August 8th.
ILLEGAL ACTIVITY WARNING: This news story was reported by Watch List News and is the sole property of of Watch List News. If you are accessing this news story on another publication, it was copied illegally and reposted in violation of international trademark and copyright laws. The legal version of this news story can be read at https://www.watchlistnews.com/allied-motion-technologies-inc-amot-to-issue-quarterly-dividend-of-0-03-on-november-29th/1702207.html.
An institutional investor recently raised its position in Allied Motion Technologies stock. The Manufacturers Life Insurance Company raised its holdings in Allied Motion Technologies, Inc. (NASDAQ:AMOT) by 7.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,144 shares of the technology company’s stock after acquiring an additional 401 shares during the quarter. The Manufacturers Life Insurance Company owned 0.07% of Allied Motion Technologies worth $167,000 as of its most recent filing with the Securities and Exchange Commission. 41.64% of the stock is currently owned by hedge funds and other institutional investors.
Allied Motion Technologies Company Profile
Allied Motion Technologies Inc designs, manufactures and sells precision and specialty motion control components and systems used in a range of industries. The Company serves various markets, including vehicle, medical, aerospace and defense, electronics and industrial. It focuses on motion control applications.
Receive News & Ratings for Allied Motion Technologies Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allied Motion Technologies Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.