Digirad Corporation Announces Quarterly Dividend of $0.06 (DRAD)
Digirad Corporation (NASDAQ:DRAD) announced a quarterly dividend on Friday, November 3rd, NASDAQ reports. Stockholders of record on Monday, November 20th will be paid a dividend of 0.055 per share by the medical equipment provider on Thursday, November 30th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 8.80%. The ex-dividend date of this dividend is Friday, November 17th.
Shares of Digirad Corporation (DRAD) opened at $2.50 on Friday. Digirad Corporation has a 12 month low of $1.90 and a 12 month high of $5.68. The firm has a market capitalization of $50.13, a price-to-earnings ratio of 8.62 and a beta of 1.85. The company has a quick ratio of 0.99, a current ratio of 1.44 and a debt-to-equity ratio of 0.36.
Digirad Corporation (NASDAQ:DRAD) last posted its quarterly earnings results on Friday, November 3rd. The medical equipment provider reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.04. The business had revenue of $28.56 million for the quarter, compared to analysts’ expectations of $31.21 million. Digirad Corporation had a positive return on equity of 9.82% and a negative net margin of 9.93%. sell-side analysts predict that Digirad Corporation will post 0.09 EPS for the current year.
WARNING: This report was first posted by Watch List News and is owned by of Watch List News. If you are reading this report on another website, it was copied illegally and reposted in violation of US & international copyright and trademark law. The original version of this report can be accessed at https://www.watchlistnews.com/digirad-corporation-announces-quarterly-dividend-of-0-06-drad/1697676.html.
Several equities analysts recently issued reports on DRAD shares. B. Riley reiterated a “buy” rating and issued a $6.00 price target on shares of Digirad Corporation in a report on Thursday, October 5th. TheStreet cut Digirad Corporation from a “c” rating to a “d+” rating in a report on Friday, November 3rd.
About Digirad Corporation
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 Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Digirad Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.