Xyratex Ltd. Declares Quarterly Dividend of $0.08 (XRTX)
Xyratex (NASDAQ:XRTX) declared a quarterly dividend on Monday, January 13th, American Banking & Market News reports. Investors of record on Tuesday, February 4th will be given a dividend of 0.075 per share on Monday, February 17th. This represents a $0.30 dividend on an annualized basis and a yield of 2.26%.
Xyratex (NASDAQ:XRTX) traded down 0.38% during mid-day trading on Monday, hitting $13.20. The stock had a trading volume of 379,132 shares. Xyratex has a one year low of $8.44 and a one year high of $13.52. The stock has a 50-day moving average of $11.48 and a 200-day moving average of $10.81. The company’s market cap is $363.8 million.
Xyratex (NASDAQ:XRTX) last posted its quarterly earnings results on Monday, January 13th. The company reported ($0.03) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.12 by $0.15. The company had revenue of $185.30 million for the quarter, compared to the consensus estimate of $208.73 million. During the same quarter last year, the company posted ($0.24) earnings per share. Xyratex’s revenue was down 30.2% compared to the same quarter last year. On average, analysts predict that Xyratex will post $0.29 earnings per share 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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