Allied Motion Technologies, Inc. Declares Quarterly Dividend of $0.03 (AMOT)
Allied Motion Technologies (NASDAQ:AMOT) announced a quarterly dividend on Thursday, August 14th, ARN reports. Shareholders of record on Wednesday, August 27th will be paid a dividend of 0.025 per share on Tuesday, September 9th. This represents a $0.10 annualized dividend and a dividend yield of 0.82%.
Shares of Allied Motion Technologies (NASDAQ:AMOT) traded up 18.37% during mid-day trading on Thursday, hitting $14.3698. The stock had a trading volume of 124,070 shares. Allied Motion Technologies has a 52 week low of $7.03 and a 52 week high of $16.48. The stock’s 50-day moving average is $13.07 and its 200-day moving average is $12.57. The company has a market cap of $132.8 million and a P/E ratio of 21.08.
Allied Motion Technologies (NASDAQ:AMOT) last posted its quarterly earnings results on Thursday, August 14th. The company reported $0.29 EPS for the quarter. The company had revenue of $62.07 million for the quarter, compared to the consensus estimate of $25.35 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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