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The L.S. Starrett Company (NYSE:SCX) announced a quarterly dividend on Thursday, June 5th, Analyst RN reports. Shareholders of record on Tuesday, June 17th will be paid a dividend of 0.10 per share on Monday, June 30th. This represents a $0.40 annualized dividend and a dividend yield of 2.73%. The ex-dividend date is Friday, June 13th.

On the ratings front, analysts at TheStreet downgraded shares of The L.S. Starrett Company from a “buy” rating to a “hold” rating in a research note on Wednesday, March 19th.

The L.S. Starrett Company (NYSE:SCX) traded up 1.80% during mid-day trading on Thursday, hitting $14.67. 5,245 shares of the company’s stock traded hands. The L.S. Starrett Company has a 1-year low of $9.70 and a 1-year high of $19.32. The stock has a 50-day moving average of $15.40 and a 200-day moving average of $15.64. The company has a market cap of $101.8 million and a price-to-earnings ratio of 20.35.

The L.S. Starrett Company (NYSE:SCX) is engaged in the business of manufacturing over 5,000 different products for industrial, professional and consumer markets.

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