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.

In related news, major shareholder Cannell Capital Llc acquired 65,508 shares of the business’s stock in a transaction that occurred on Tuesday, January 23rd. The stock was bought at an average cost of $2.65 per share, for a total transaction of $173,596.20. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 11.90% of the company’s stock.

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.

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About Digirad

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.

Dividend History for Digirad (NASDAQ:DRAD)

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