Quarterhill Inc (QTRH) Plans $0.01 Quarterly Dividend
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.
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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