Mesa Laboratories Inc. Declares Quarterly Dividend of $0.15 (MLAB)
Mesa Laboratories (NASDAQ:MLAB) announced a quarterly dividend on Thursday, July 17th, AmericanBankingNews.com reports. Shareholders of record on Friday, August 29th will be paid a dividend of 0.15 per share on Monday, September 15th. This represents a $0.60 annualized dividend and a dividend yield of 0.72%.
Mesa Laboratories (NASDAQ:MLAB) traded down 0.52% during mid-day trading on Thursday, hitting $82.77. 4,415 shares of the company’s stock traded hands. Mesa Laboratories has a 1-year low of $58.03 and a 1-year high of $95.97. The stock has a 50-day moving average of $81.46 and a 200-day moving average of $83.58. The company has a market cap of $289.9 million and a P/E ratio of 33.41.
Mesa Laboratories (NASDAQ:MLAB) last posted its quarterly earnings results on Monday, June 2nd. The company reported $1.15 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.70 by $0.45. The company had revenue of $15.70 million for the quarter, compared to the consensus estimate of $12.80 million. Analysts expect that Mesa Laboratories will post $3.05 EPS for the current fiscal year.
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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