CSP Inc. (CSPI) Announces Dividend of $0.11
CSP Inc. (NASDAQ:CSPI) declared a dividend on Wednesday, May 24th. Investors of record on Thursday, June 1st will be paid a dividend of 0.11 per share by the information technology services provider on Thursday, June 15th. The ex-dividend date is Tuesday, May 30th.
Shares of CSP (NASDAQ:CSPI) traded up 1.3821% on Wednesday, hitting $11.0101. 5,798 shares of the company traded hands. The company has a market capitalization of $43.01 million, a PE ratio of 18.5981 and a beta of 0.58. The stock’s 50-day moving average price is $10.61 and its 200-day moving average price is $10.39. CSP has a 12 month low of $6.90 and a 12 month high of $11.95.
CSP (NASDAQ:CSPI) last released its quarterly earnings results on Thursday, February 23rd. The information technology services provider reported ($0.01) EPS for the quarter. CSP had a net margin of 2.42% and a return on equity of 12.80%. The business had revenue of $19.92 million during the quarter.
CSP Company Profile
CSP Inc and its subsidiaries develop and market information technology (IT) integration solutions, security and managed services, network adapters, and cluster computer systems. The Company operates in two segments: High Performance Products (HPP) and Technology Solutions (TS). The HPP segment comprises two product lines: its Multicomputer product portfolio of computing systems for digital signal processing (DSP) applications within the defense market, and its Myricom product line of network Ethernet adapters that are offered to both commercial and government customers.
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