Vecima Networks Inc (VCM) to Issue Quarterly Dividend of $0.06
Vecima Networks Inc (TSE:VCM) declared a quarterly dividend on Thursday, November 23rd, TickerTech reports. Stockholders of record on Monday, December 18th will be given a dividend of 0.055 per share on Monday, December 18th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 2.23%. The ex-dividend date of this dividend is Thursday, November 23rd.
Vecima Networks (TSE VCM) opened at C$9.85 on Friday. Vecima Networks has a 52-week low of C$8.64 and a 52-week high of C$11.10.
Separately, Pi Financial lowered their price target on Vecima Networks from C$12.50 to C$11.00 and set a “neutral” rating for the company in a research report on Friday, September 29th.
About Vecima Networks
Vecima Networks Inc is engaged in creating technology solutions that allows network service providers to connect people and enterprises to information and entertainment across the world. The Company is a designer and manufacturer in the broadband cable and wireless network infrastructure market. The Company’s segments include Video and Broadband, YourLink and Telematics.
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