Analogic Corporation (ALOG) to Issue $0.10 Quarterly Dividend
Analogic Corporation (NASDAQ:ALOG) declared a quarterly dividend on Tuesday, September 19th, RTT News reports. Stockholders of record on Friday, September 29th will be paid a dividend of 0.10 per share by the medical research company on Friday, October 13th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.53%.
Shares of Analogic Corporation (ALOG) traded down 1.75% on Tuesday, hitting $75.95. The stock had a trading volume of 115,790 shares. The company’s market cap is $947.10 million. Analogic Corporation has a 52 week low of $66.00 and a 52 week high of $95.85. The firm has a 50 day moving average price of $71.75 and a 200-day moving average price of $72.18.
Separately, Jefferies Group LLC began coverage on Analogic Corporation in a research report on Wednesday, August 9th. They issued a “hold” rating and a $75.00 price objective for the company. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $87.00.
Analogic Corporation Company Profile
Analogic Corporation designs, manufactures and commercializes guidance, diagnostic imaging and threat detection technologies. The Company operates through three segments: Medical Imaging, Ultrasound, and Security and Detection. The Company’s Medical Imaging segment provides medical imaging systems and subsystems for computed tomography (CT), magnetic resonance imaging (MRI) and high-resolution digital mammography.
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