QAD Inc. (QADB) Declares $0.06 Quarterly Dividend
QAD Inc. (NASDAQ:QADB) announced a quarterly dividend on Thursday, April 11th, Wall Street Journal reports. Shareholders of record on Tuesday, April 23rd will be paid a dividend of 0.06 per share by the software maker on Friday, May 3rd. This represents a $0.24 annualized dividend and a yield of 0.75%. The ex-dividend date of this dividend is Monday, April 22nd.
QAD has increased its dividend by an average of 10.1% per year over the last three years.
Shares of QAD stock opened at $32.15 on Friday. The firm has a market capitalization of $630.94 million, a price-to-earnings ratio of 64.30 and a beta of 1.19. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.61 and a current ratio of 1.47. QAD has a 52-week low of $28.35 and a 52-week high of $49.40.
Several equities research analysts have issued reports on the stock. TheStreet raised shares of QAD from a “c” rating to a “b-” rating in a report on Thursday, March 21st. ValuEngine lowered shares of QAD from a “buy” rating to a “hold” rating in a report on Monday, February 4th.
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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 Enterprise Applications, an integrated suite of software applications, which support the core business processes.
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