Mesa Laboratories Inc. Declares Quarterly Dividend of $0.15 (MLAB)
Mesa Laboratories (NASDAQ:MLAB) announced a quarterly dividend on Friday, November 1st, AmericanBankingNews.com reports. Shareholders of record on Friday, November 29th will be paid a dividend of $0.15 per share on Monday, December 16th. This represents a $0.60 annualized dividend and a dividend yield of 0.86%.
Shares of Mesa Laboratories (NASDAQ:MLAB) traded down 0.76% during mid-day trading on Friday, hitting $69.099. 10,127 shares of the company’s stock traded hands. Mesa Laboratories has a one year low of $45.10 and a one year high of $67.70. The stock has a 50-day moving average of $69.64 and a 200-day moving average of $60.32. The company has a market cap of $234.9 million and a P/E ratio of 30.53.
Mesa Laboratories, Inc (NASDAQ:MLAB) manufactures and distributes electronic measurement systems and disposable products for various niche applications, including renal treatment, food processing, medical sterilization, pharmaceutical processing and other industrial applications.
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