Invacare Corp. Announces Quarterly Dividend of $0.01 (IVC)
Invacare Corp. (NYSE:IVC) announced a quarterly dividend on Tuesday, August 12th, Analyst Ratings Network reports. Investors of record on Thursday, October 2nd will be paid a dividend of 0.0125 per share on Friday, October 10th. This represents a $0.05 annualized dividend and a dividend yield of 0.33%.
Shares of Invacare Corp. (NYSE:IVC) traded down 0.92% during mid-day trading on Tuesday, hitting $15.02. 21,566 shares of the company’s stock traded hands. Invacare Corp. has a one year low of $14.15 and a one year high of $25.96. The stock’s 50-day moving average is $16.81 and its 200-day moving average is $17.85. The company’s market cap is $482.8 million.
Invacare Corp. (NYSE:IVC) last issued its quarterly earnings data on Thursday, July 24th. The company reported ($0.36) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.22) by $0.14. The company had revenue of $331.31 million for the quarter, compared to the consensus estimate of $327.85 million. During the same quarter last year, the company posted ($0.27) earnings per share. Invacare Corp.’s revenue was down 3.9% compared to the same quarter last year. On average, analysts predict that Invacare Corp. will post $-1.19 earnings per share for the current fiscal year.
Invacare Corporation (NYSE:IVC) is the manufacturer and distributor of medical equipment and supplies used in home.
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