Evertz Technologies Limited (ET) to Issue Quarterly Dividend of $0.18 on December 29th
Evertz Technologies Limited (TSE:ET) announced a quarterly dividend on Thursday, December 14th, Zacks reports. Investors of record on Friday, December 22nd will be given a dividend of 0.18 per share on Friday, December 29th. This represents a $0.72 annualized dividend and a dividend yield of 3.88%. The ex-dividend date is Thursday, December 21st.
Evertz Technologies (ET) traded up C$0.15 during trading on Wednesday, reaching C$18.54. 12,615 shares of the company’s stock were exchanged, compared to its average volume of 20,021. Evertz Technologies has a 52-week low of C$15.92 and a 52-week high of C$19.73.
Several research analysts have recently issued reports on ET shares. Raymond James Financial boosted their price objective on shares of Evertz Technologies from C$18.00 to C$19.50 and gave the stock an “outperform” rating in a report on Wednesday, September 13th. Canaccord Genuity boosted their price objective on shares of Evertz Technologies from C$19.50 to C$20.25 in a report on Wednesday, September 13th. Finally, BMO Capital Markets boosted their price objective on shares of Evertz Technologies from C$19.00 to C$20.00 and gave the stock an “outperform” rating in a report on Friday, December 15th.
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Evertz Technologies Limited is an equipment provider to the television broadcast telecommunications and media industries. The Company designs, manufactures and markets video and audio infrastructure equipment for the production, post-production and transmission of television content. The Company’s solutions are purchased by content creators, broadcasters, specialty channels and television service providers to support their multi-channel digital and high definition television (HDTV) and high bandwidth low latency Internet Protocol (IP) network environments, and by telecommunications and new-media companies.
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