Preformed Line Products Company (PLPC) To Go Ex-Dividend on October 1st

Preformed Line Products Company (NASDAQ:PLPC) announced a quarterly dividend on Monday, September 14th. Stockholders of record on Thursday, October 1st will be paid a dividend of $0.21 per share by the technology company on Tuesday, October 20th. This represents a $0.84 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Thursday, October 1st.

Preformed Line Products Trading Down 1.6%

PLPC stock opened at $416.37 on Tuesday. The company has a quick ratio of 1.88, a current ratio of 2.99 and a debt-to-equity ratio of 0.07. The company has a market cap of $2.04 billion, a price-to-earnings ratio of 46.89 and a beta of 0.93. The business has a fifty day simple moving average of $405.30 and a 200-day simple moving average of $360.82. Preformed Line Products has a 52 week low of $184.02 and a 52 week high of $504.69.

Preformed Line Products (NASDAQ:PLPC) last issued its earnings results on Wednesday, July 29th. The technology company reported $4.49 earnings per share for the quarter, beating analysts’ consensus estimates of $2.41 by $2.08. Preformed Line Products had a return on equity of 10.64% and a net margin of 5.82%.The firm had revenue of $212.68 million for the quarter, compared to analysts’ expectations of $193.00 million.

About Preformed Line Products

Preformed Line Products Company (NASDAQ: PLPC) manufactures products and systems used to construct, maintain and improve overhead and underground networks. Its customers include electric utilities, telecommunications providers, cable operators and other infrastructure companies.

The company’s offerings include products for transmission and distribution lines, substation and utility applications, communications networks, broadband and data infrastructure, and renewable-energy installations.