Evertz Technologies Limited to Issue Quarterly Dividend of $0.19 (TSE:ET)

Evertz Technologies Limited (TSE:ET) declared a quarterly dividend on Tuesday, September 12th, Zacks reports. Stockholders of record on Friday, September 22nd will be given a dividend of 0.19 per share on Friday, September 29th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 6.06%. The ex-dividend date of this dividend is Thursday, September 21st.

Evertz Technologies Stock Performance

TSE:ET opened at C$12.55 on Thursday. The business’s fifty day moving average is C$13.03 and its 200 day moving average is C$12.28. The firm has a market cap of C$955.68 million, a price-to-earnings ratio of 14.94, a PEG ratio of 0.79 and a beta of 0.75. The company has a debt-to-equity ratio of 11.71, a quick ratio of 0.68 and a current ratio of 2.00. Evertz Technologies has a 52-week low of C$10.03 and a 52-week high of C$14.66.

Evertz Technologies (TSE:ET) last announced its quarterly earnings results on Tuesday, September 12th. The company reported C$0.20 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of C$0.20. Evertz Technologies had a net margin of 14.09% and a return on equity of 26.91%. The firm had revenue of C$125.82 million for the quarter. Research analysts predict that Evertz Technologies will post 0.909621 EPS for the current year.

Analyst Ratings Changes

Separately, BMO Capital Markets upped their price objective on shares of Evertz Technologies from C$15.00 to C$15.50 in a research report on Thursday, June 22nd.

Evertz Technologies Company Profile

Evertz Technologies Limited engages in the design, manufacture, and distribution of video and audio infrastructure solutions for the production, post-production, broadcast, and telecommunications markets in Canada, the United States, and internationally. The company offers contribution and distribution encoder, decoder, receiver, and processing products; and control panels, intelligent operations and controls, big data analytics, and network management systems, as well as orchestration, monitoring, and analytics solutions.