CML Microsystems plc (LON:CML – Get Free Report) reached a new 52-week low on Monday . The company traded as low as GBX 289 ($3.69) and last traded at GBX 289 ($3.69), with a volume of 7838 shares trading hands. The stock had previously closed at GBX 297 ($3.80).
Analyst Upgrades and Downgrades
Separately, Shore Capital reiterated a “house stock” rating on shares of CML Microsystems in a research report on Tuesday, July 2nd.
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CML Microsystems Price Performance
CML Microsystems Increases Dividend
The firm also recently declared a dividend, which will be paid on Friday, August 16th. Shareholders of record on Thursday, August 1st will be paid a GBX 6 ($0.08) dividend. The ex-dividend date of this dividend is Thursday, August 1st. This is an increase from CML Microsystems’s previous dividend of $5.00. This represents a yield of 1.78%. CML Microsystems’s payout ratio is currently 3,928.57%.
CML Microsystems Company Profile
CML Microsystems plc, through its subsidiaries, designs, manufactures, and markets a range of semiconductor products for use in communications industries in the United Kingdom, the Americas, and Far East. It primarily offers high performance radio frequency products and mixed-signal baseband/modem processors for wireless and satellite, network infrastructure, internet of things, broadcast, and aerospace and defense markets.
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