Intertape Polymer Group Inc. (ITPOF) Announces $0.14 Quarterly Dividend
Intertape Polymer Group Inc. (OTCMKTS:ITPOF) announced a quarterly dividend on Friday, August 11th, Zacks reports. Stockholders of record on Friday, September 15th will be given a dividend of 0.14 per share by the industrial products company on Friday, September 29th. This represents a $0.56 annualized dividend and a dividend yield of 3.59%. The ex-dividend date of this dividend is Thursday, September 14th.
Intertape Polymer Group (ITPOF) traded down 0.8932% during mid-day trading on Friday, hitting $15.5895. 5 shares of the stock traded hands. The company has a 50 day moving average of $17.25 and a 200-day moving average of $17.57. The stock has a market cap of $924.25 million, a PE ratio of 17.9190 and a beta of 1.24. Intertape Polymer Group has a 12-month low of $15.25 and a 12-month high of $20.05.
Intertape Polymer Group (OTCMKTS:ITPOF) last announced its quarterly earnings data on Friday, August 11th. The industrial products company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by $0.06. The firm had revenue of $210.16 million during the quarter. Intertape Polymer Group had a net margin of 6.19% and a return on equity of 24.35%. Equities research analysts forecast that Intertape Polymer Group will post $0.99 earnings per share for the current year.
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Intertape Polymer Group Company Profile
Intertape Polymer Group Inc operates in the specialty packaging industry. The Company develops, manufactures and sells a range of paper and film-based pressure sensitive and water activated tapes, polyethylene and specialized polyolefin packaging films, woven coated fabrics and complementary packaging systems for industrial and retail use.
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