Core Molding Technologies, Inc. (NYSEMKT:CMT) Plans Special Dividend of $0.05
Core Molding Technologies, Inc. (NYSEMKT:CMT) declared a special dividend on Tuesday, August 8th, Wall Street Journal reports. Stockholders of record on Friday, August 18th will be given a dividend of 0.05 per share by the industrial products company on Wednesday, August 30th. The ex-dividend date of this dividend is Wednesday, August 16th.
Core Molding Technologies (NYSEMKT:CMT) traded up 0.45% during trading on Tuesday, hitting $22.10. The stock had a trading volume of 38,816 shares. Core Molding Technologies has a 12-month low of $11.86 and a 12-month high of $22.83. The firm has a market cap of $172.20 million, a P/E ratio of 27.25 and a beta of 1.26. The stock’s 50 day moving average price is $20.84 and its 200 day moving average price is $18.47.
Core Molding Technologies (NYSEMKT:CMT) last posted its earnings results on Thursday, August 3rd. The industrial products company reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.21 by $0.07. Core Molding Technologies had a return on equity of 6.91% and a net margin of 4.59%. The firm had revenue of $47.37 million for the quarter. On average, analysts anticipate that Core Molding Technologies will post $0.75 EPS for the current fiscal year.
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In other Core Molding Technologies news, Director Ralph O. Hellmold sold 1,550 shares of the stock in a transaction on Thursday, June 8th. The stock was sold at an average price of $21.23, for a total transaction of $32,906.50. Following the transaction, the director now owns 15,608 shares of the company’s stock, valued at approximately $331,357.84. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
Separately, TheStreet raised Core Molding Technologies from a “c+” rating to a “b-” rating in a research note on Tuesday, April 18th.
Core Molding Technologies Company Profile
Core Molding Technologies, Inc is a manufacturer of sheet molding compound (SMC) and molder of fiberglass reinforced plastics. The Company along with its subsidiaries operates in the plastics market in a family of products known as reinforced plastics. It operates through manufacturing of SMC and molder of fiberglass reinforced plastics segment.
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