Strattec Security Corp. (STRT) Plans Quarterly Dividend of $0.12
Strattec Security Corp. (NASDAQ:STRT) declared a quarterly dividend on Thursday, August 21st, American Banking News.com reports. Stockholders of record on Friday, September 12th will be given a dividend of 0.12 per share on Friday, September 26th. This represents a $0.48 dividend on an annualized basis and a yield of 0.68%.
Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of Strattec Security Corp. from a “neutral” rating to an “outperform” rating in a research note on Thursday, August 7th. They now have a $79.80 price target on the stock. Analysts at Robert W. Baird raised their price target on shares of Strattec Security Corp. from $68.00 to $72.00 in a research note on Wednesday, August 6th.
Shares of Strattec Security Corp. (NASDAQ:STRT) traded up 1.04% during mid-day trading on Thursday, hitting $71.64. The stock had a trading volume of 19,383 shares. Strattec Security Corp. has a 1-year low of $35.10 and a 1-year high of $77.83. The stock’s 50-day moving average is $65.96 and its 200-day moving average is $66.61. The company has a market cap of $249.0 million and a P/E ratio of 15.45.
Strattec Security Corp. (NASDAQ:STRT) last released its earnings data on Tuesday, August 5th. The company reported $1.58 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.17 by $0.41. Analysts expect that Strattec Security Corp. will post $5.09 EPS for the current fiscal year.
STRATTEC SECURITY CORPORATION (NASDAQ:STRT) is a producer of automotive locks and keys.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.