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Mesa Laboratories (NASDAQ:MLAB) declared a quarterly dividend on Friday, January 31st, American Banking and Market News reports. Investors of record on Friday, February 28th will be given a dividend of 0.15 per share on Monday, March 17th. This represents a $0.60 dividend on an annualized basis and a yield of 0.75%.

Mesa Laboratories (NASDAQ:MLAB) traded up 0.72% during mid-day trading on Friday, hitting $80.27. 18,426 shares of the company’s stock traded hands. Mesa Laboratories has a 1-year low of $46.27 and a 1-year high of $82.76. The stock has a 50-day moving average of $76.57 and a 200-day moving average of $70.50. The company has a market cap of $275.0 million and a P/E ratio of 36.51.

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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