Preformed Line Products announces quarterly dividend
by June 23, 2016 8:41 am 113 views
Preformed Line Products, which has a manufacturing facility in Rogers, Ark., has announced its regular quarterly dividend in the amount of 20 cents per share on the company’s common shares. The amount will be payable on July 20 to shareholders of record at the close of business July 1.
Over the last three months, the company shares (NASDAQ: PLPC) have moved from $35.61 per share on March 23 to $40.59 per share in after-hours trading on Wednesday (June 22). This number is up slightly year-to-year from $38.68 per share at the same period in 2015. Despite this, the stock has hit higher highs and lower lows over the course of the last year, reaching a max of $45.77 per share in November 2015 and a low of $30.30 per share in August of that year.
Founded in 1947, Preformed Line Products is an international designer and manufacturer of products and systems employed in the construction and maintenance of overhead and underground networks for energy, communications and broadband network companies.
Preformed’s world headquarters are in Mayfield Village, Ohio, and the company operates two domestic manufacturing centers in Rogers and Albemarle, N.C.