Evertz Technologies Limited (ET) to Issue Quarterly Dividend of $0.20 on July 10th

Posted by Latisha Jones on Jun 30th, 2024

Evertz Technologies Limited (TSE:ET – Get Free Report) declared a quarterly dividend on Wednesday, June 19th, Zacks reports. Stockholders of record on Tuesday, July 2nd will be paid a dividend of 0.195 per share on Wednesday, July 10th. This represents a $0.78 annualized dividend and a dividend yield of 6.29%. The ex-dividend date of this dividend is Tuesday, July 2nd.

Evertz Technologies Stock Down 3.0 %

ET stock opened at C$12.40 on Friday. The stock has a 50-day simple moving average of C$14.17 and a two-hundred day simple moving average of C$14.30. Evertz Technologies has a twelve month low of C$11.93 and a twelve month high of C$15.45. The firm has a market capitalization of C$943.14 million, a PE ratio of 12.78, a PEG ratio of 0.79 and a beta of 0.83. The company has a quick ratio of 0.68, a current ratio of 2.05 and a debt-to-equity ratio of 8.63.

Evertz Technologies (TSE:ET – Get Free Report) last released its quarterly earnings data on Wednesday, June 19th. The company reported C$0.18 EPS for the quarter, missing analysts’ consensus estimates of C$0.22 by C($0.04). The firm had revenue of C$122.77 million during the quarter. Evertz Technologies had a net margin of 14.37% and a return on equity of 30.20%. On average, equities analysts predict that Evertz Technologies will post 1.0949555 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets lifted their target price on shares of Evertz Technologies from C$16.00 to C$17.00 in a research report on Friday, March 15th.

Get Our Latest Research Report on Evertz Technologies

Evertz Technologies Company Profile

(Get Free Report)

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.