Evertz Technologies Limited Plans Quarterly Dividend of $0.16 (ET)
Evertz Technologies Limited (TSE:ET) declared a quarterly dividend on Wednesday, September 11th, Analyst Ratings Network reports. Investors of record on Friday, September 20th will be given a dividend of $0.16 per share on Friday, September 27th. This represents a $0.64 dividend on an annualized basis and a yield of 4.21%.
A number of research firms have recently commented on ET. Analysts at Canaccord Genuity cut their price target on shares of Evertz Technologies Limited (TSE:ET) from C$16.50 to C$14.00 in a research note to investors on Thursday, June 13th. Analysts at Scotiabank cut their price target on shares of Evertz Technologies Limited (TSE:ET) from C$15.20 to C$14.00 in a research note to investors on Thursday, June 13th. They now have a “sector perform” rating on the stock.
Evertz Technologies Limited (TSE:ET) traded up 0.07% during mid-day trading on Wednesday, hitting $15.20. 8,685 shares of the company’s stock traded hands. Evertz Technologies Limited has a one year low of $13.45 and a one year high of $17.37. The stock’s 50-day moving average is $14.55 and its 200-day moving average is $15.16. The company has a market cap of $1.119 billion and a P/E ratio of 17.26.
Evertz Technologies Limited (TSE:ET) is an equipment provider to the television broadcast industry.
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