Exco Technologies Limited to Issue Quarterly Dividend of $0.11 (TSE:XTC)

Exco Technologies Limited (TSE:XTC) declared a quarterly dividend on Monday, March 17th, TickerTech Dividends reports. Shareholders of record on Monday, March 31st will be given a dividend of 0.105 per share on Monday, March 31st. This represents a $0.42 dividend on an annualized basis and a yield of 6.98%. The ex-dividend date of this dividend is Monday, March 17th.

Exco Technologies Trading Up 0.3 %

TSE XTC opened at C$6.02 on Friday. The company has a debt-to-equity ratio of 26.17, a quick ratio of 1.30 and a current ratio of 2.83. The firm has a market cap of C$233.17 million, a PE ratio of 8.27 and a beta of 1.15. Exco Technologies has a one year low of C$5.98 and a one year high of C$8.80. The firm’s fifty day moving average is C$6.82 and its two-hundred day moving average is C$7.68.

Insider Buying and Selling at Exco Technologies

In other news, insider Paul Robbins sold 25,000 shares of Exco Technologies stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of C$6.53, for a total value of C$163,302.50. Also, Senior Officer William Peter Schroers sold 12,000 shares of the company’s stock in a transaction dated Tuesday, December 31st. The stock was sold at an average price of C$7.51, for a total transaction of C$90,120.00. 51.81% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Separately, Cormark lowered shares of Exco Technologies from a “moderate buy” rating to a “hold” rating in a research note on Monday, February 3rd.

Exco Technologies Company Profile

Exco Technologies Limited, together with its subsidiaries, designs, develops, manufactures, and sells dies, molds, components and assemblies, and consumable equipment for the die-cast, extrusion, and automotive industries. It operates through two segments, Casting and Extrusion, and Automotive Solutions.