QAD Inc. (NASDAQ:QADB) Announces $0.06 Quarterly Dividend
QAD Inc. (NASDAQ:QADB) announced a quarterly dividend on Friday, September 6th, NASDAQ reports. Stockholders of record on Wednesday, September 18th will be given a dividend of 0.06 per share by the software maker on Wednesday, September 25th. This represents a $0.24 annualized dividend and a dividend yield of 0.74%. The ex-dividend date of this dividend is Tuesday, September 17th.
QAD has increased its dividend payment by an average of 10.1% annually over the last three years.
Shares of QADB stock opened at $32.39 on Monday. The business’s 50 day simple moving average is $30.18 and its 200 day simple moving average is $31.69. QAD has a one year low of $27.50 and a one year high of $45.50. The stock has a market capitalization of $587.59 million, a PE ratio of 142.49 and a beta of 0.94. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.48 and a quick ratio of 1.47.
Several analysts recently commented on the company. TheStreet cut QAD from a “b-” rating to a “c” rating in a report on Wednesday, May 29th. ValuEngine upgraded QAD from a “hold” rating to a “buy” rating in a report on Thursday, August 1st. Finally, Sidoti assumed coverage on QAD in a report on Monday, July 22nd. They issued a “buy” rating on the stock.
QAD Company Profile
QAD Inc provides enterprise software solutions for manufacturing companies in the automotive, life sciences, consumer products, food and beverage, high technology, and industrial products industries worldwide. The company offers QAD Cloud ERP and QAD Enterprise Applications, an integrated suite of software applications, which support the core business processes.
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