Quarterhill Inc (TSE:QTRH) declared a quarterly dividend on Thursday, September 14th, TickerTech reports. Stockholders of record on Thursday, October 5th will be given a dividend of 0.0125 per share on Thursday, October 5th. This represents a $0.05 dividend on an annualized basis and a dividend yield of 3.14%. The ex-dividend date of this dividend is Thursday, September 14th.

Quarterhill (QTRH) traded down 1.85% during trading on Friday, hitting $1.59. 293,345 shares of the stock were exchanged. The firm has a 50-day moving average of $1.70 and a 200-day moving average of $2.10. Quarterhill has a 52 week low of $1.55 and a 52 week high of $2.94. The stock has a market capitalization of $188.62 million and a price-to-earnings ratio of 24.46.

In other news, insider Michael Shaun Mcewan acquired 17,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 15th. The stock was acquired at an average price of C$1.75 per share, with a total value of C$29,750.00. Also, insider Quarterhill Inc. acquired 31,600 shares of the business’s stock in a transaction that occurred on Tuesday, June 13th. The shares were purchased at an average cost of C$2.00 per share, with a total value of C$63,200.00. Insiders purchased 159,700 shares of company stock worth $306,340 over the last 90 days.

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About Quarterhill

Quarterhill Inc, an intellectual property licensing company, develops, acquires, and licenses various patented technologies. The company licenses its patents to companies that sell products utilizing a range of technologies, including Wi-Fi, WiMAX, LTE, CDMA, DSL, DOCSIS, Bluetooth, V-Chip, and 3D television, as well as automotive headlight assemblies, semiconductor manufacturing and packaging, medical stent, video streaming, CMOS image sensors, building automation, computer gaming, smart meter monitoring, and LED lighting.

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