Digirad Co. (DRAD) Declares Quarterly Dividend of $0.06
Digirad Co. (NASDAQ:DRAD) announced a quarterly dividend on Thursday, February 1st, Zacks reports. Stockholders of record on Thursday, February 15th will be given a dividend of 0.055 per share by the medical equipment provider on Wednesday, February 28th. This represents a $0.22 annualized dividend and a dividend yield of 9.57%. The ex-dividend date is Wednesday, February 14th.
Shares of Digirad (NASDAQ DRAD) opened at $2.30 on Friday. Digirad has a 52-week low of $1.90 and a 52-week high of $5.68. The company has a market cap of $47.13 and a PE ratio of -3.97. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.07 and a current ratio of 1.44.
Digirad (NASDAQ:DRAD) last released its quarterly earnings results on Friday, November 3rd. The medical equipment provider reported $0.07 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.03 by $0.04. Digirad had a negative net margin of 9.93% and a positive return on equity of 9.82%. The firm had revenue of $28.56 million during the quarter, compared to analyst estimates of $31.21 million. sell-side analysts expect that Digirad will post 0.09 earnings per share for the current fiscal year.
Several equities research analysts have recently commented on DRAD shares. B. Riley reaffirmed a “buy” rating and set a $6.00 price target on shares of Digirad in a research report on Thursday, October 5th. TheStreet lowered shares of Digirad from a “c” rating to a “d+” rating in a research report on Friday, November 3rd. Finally, ValuEngine lowered shares of Digirad from a “buy” rating to a “hold” rating in a research report on Sunday, December 31st.
COPYRIGHT VIOLATION WARNING: “Digirad Co. (DRAD) Declares Quarterly Dividend of $0.06” was first published by Watch List News and is the sole property of of Watch List News. If you are reading this piece of content on another website, it was stolen and reposted in violation of U.S. & international trademark & copyright legislation. The legal version of this piece of content can be read at https://www.watchlistnews.com/digirad-co-drad-declares-quarterly-dividend-of-0-06/1839508.html.
Digirad Corporation provides healthcare solutions. The Company’s segments include Diagnostic Services, Mobile Healthcare, Diagnostic Imaging and Medical Device Sales and Services. Through Diagnostic Services, the Company offers an imaging services program as an alternative to purchasing equipment or outsourcing the procedures to another physician or imaging center.
Receive News & Ratings for Digirad Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Digirad and related companies with MarketBeat.com's FREE daily email newsletter.