Strattec Security Corporation (NASDAQ:STRT) announced a quarterly dividend on Tuesday, October 10th, RTT News reports. Shareholders of record on Friday, December 15th will be paid a dividend of 0.14 per share by the auto parts company on Friday, December 29th. This represents a $0.56 annualized dividend and a yield of 1.38%. The ex-dividend date of this dividend is Thursday, December 14th.

Shares of Strattec Security (STRT) opened at $40.45 on Wednesday. The company has a quick ratio of 1.43, a current ratio of 2.02 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $148.69, a PE ratio of 18.33 and a beta of 1.68. Strattec Security has a twelve month low of $23.00 and a twelve month high of $49.20.

Strattec Security (NASDAQ:STRT) last issued its quarterly earnings results on Thursday, October 26th. The auto parts company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.12. The business had revenue of $102.46 million during the quarter. Strattec Security had a return on equity of 4.86% and a net margin of 1.93%.

In related news, CFO Patrick J. Hansen sold 2,000 shares of Strattec Security stock in a transaction dated Tuesday, October 31st. The stock was sold at an average price of $45.00, for a total transaction of $90,000.00. Following the completion of the sale, the chief financial officer now owns 11,950 shares of the company’s stock, valued at $537,750. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Patrick J. Hansen sold 2,900 shares of Strattec Security stock in a transaction dated Thursday, November 2nd. The stock was sold at an average price of $45.49, for a total value of $131,921.00. Following the sale, the insider now directly owns 11,950 shares of the company’s stock, valued at approximately $543,605.50. The disclosure for this sale can be found here. In the last three months, insiders sold 9,100 shares of company stock valued at $414,899. Corporate insiders own 7.10% of the company’s stock.

Separately, ValuEngine raised Strattec Security from a “buy” rating to a “strong-buy” rating in a report on Monday, October 2nd.

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Strattec Security Company Profile

Strattec Security Corporation designs, develops, manufactures and markets automotive access control products. The Company offers access control products, including mechanical locks and keys, electronically enhanced locks and keys, steering column and instrument panel ignition lock housings, latches, power sliding side door systems, power lift gate systems, power deck lid systems, door handles and related products for North American automotive customers.

Dividend History for Strattec Security (NASDAQ:STRT)

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