Xyratex Ltd. Plans Quarterly Dividend of $0.08 (XRTX)
Xyratex (NASDAQ:XRTX) announced a quarterly dividend on Thursday, October 3rd, Stock Ratings Network.com reports. Stockholders of record on Thursday, October 17th will be paid a dividend of $0.075 per share on Friday, November 1st. This represents a $0.30 annualized dividend and a dividend yield of 2.50%.
Shares of Xyratex (NASDAQ:XRTX) traded up 7.53% during mid-day trading on Thursday, hitting $12.00. 1,176,740 shares of the company’s stock traded hands. Xyratex has a 1-year low of $6.96 and a 1-year high of $12.29. The stock’s 50-day moving average is $10.58 and its 200-day moving average is $10.64. The company’s market cap is $330.7 million.
Xyratex (NASDAQ:XRTX) last released its earnings data on Thursday, October 3rd. The company reported $0.08 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.05 by $0.03. The company had revenue of $217.30 million for the quarter, compared to the consensus estimate of $209.31 million. During the same quarter last year, the company posted $0.37 earnings per share. Xyratex’s revenue was down 21.1% compared to the same quarter last year. Analysts expect that Xyratex will post $0.18 EPS for the current fiscal year.
Xyratex Ltd. (NASDAQ:XRTX) is a provider of modular enterprise-class data storage subsystems and storage process technology.
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