Intevac, Inc. (NASDAQ:IVAC) Plans $0.05 — Dividend

Intevac, Inc. (NASDAQ:IVAC) announced a — dividend on Wednesday, February 12th, NASDAQ Dividends reports. Shareholders of record on Friday, February 28th will be paid a dividend of 0.05 per share by the electronics maker on Thursday, March 13th. The ex-dividend date of this dividend is Friday, February 28th.

Intevac Trading Up 0.4 %

Shares of IVAC traded up $0.02 during mid-day trading on Wednesday, reaching $4.06. The company’s stock had a trading volume of 221,430 shares, compared to its average volume of 365,448. Intevac has a 52 week low of $2.46 and a 52 week high of $4.42. The stock has a market cap of $110.17 million, a PE ratio of -12.29 and a beta of 0.65. The company’s fifty day moving average price is $3.54 and its two-hundred day moving average price is $3.37.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on IVAC shares. StockNews.com began coverage on shares of Intevac in a research note on Tuesday. They issued a “sell” rating for the company. Benchmark restated a “hold” rating on shares of Intevac in a report on Tuesday, November 12th.

Intevac Company Profile

Intevac, Inc, together with its subsidiaries, engages in the designing, developing, and manufacturing thin-film processing systems in the United States, Europe, and Asia. It designs, develops, and markets vacuum process equipment solutions for manufacturing small substrates with precise thin-film properties, such as hard disk drive, advanced coatings, and other adjacent thin-film markets.