Allied Motion Technologies, Inc. Announces Quarterly Dividend of $0.03 (AMOT)
Allied Motion Technologies (NASDAQ:AMOT) announced a quarterly dividend on Wednesday, May 14th, AnalystRatings.Net reports. Investors of record on Tuesday, May 27th will be paid a dividend of 0.025 per share on Tuesday, June 10th. This represents a $0.10 annualized dividend and a dividend yield of 0.87%.
Shares of Allied Motion Technologies (NASDAQ:AMOT) traded up 6.96% on Wednesday, hitting $12.30. 105,504 shares of the company’s stock traded hands. Allied Motion Technologies has a 52-week low of $6.46 and a 52-week high of $14.17. The stock’s 50-day moving average is $11.72 and its 200-day moving average is $11.5. The company has a market cap of $113.7 million and a P/E ratio of 25.67.
Allied Motion Technologies (NASDAQ:AMOT) last issued its quarterly earnings data on Tuesday, May 13th. The company reported $0.24 earnings per share (EPS) for the quarter. The company had revenue of $60.44 million for the quarter, compared to the consensus estimate of $25.14 million.
Allied Motion Technologies Inc (NASDAQ:AMOT) designs, manufactures and sells motors, electronic motion controls, gearing and optical encoders to a range of customers throughout the world.
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