Evertz Technologies Limited Declares Quarterly Dividend of $0.20 (TSE:ET)

Evertz Technologies Limited (TSE:ET) declared a quarterly dividend on Thursday, March 13th, TickerTech Dividends reports. Investors of record on Thursday, March 20th will be given a dividend of 0.20 per share on Thursday, March 20th. This represents a $0.80 annualized dividend and a yield of 7.10%. The ex-dividend date of this dividend is Thursday, March 13th.

Evertz Technologies Stock Performance

Shares of ET opened at C$11.27 on Tuesday. Evertz Technologies has a 1 year low of C$11.00 and a 1 year high of C$15.39. The company has a debt-to-equity ratio of 8.09, a current ratio of 2.18 and a quick ratio of 0.68. The stock’s fifty day moving average price is C$12.30 and its two-hundred day moving average price is C$12.31. The firm has a market cap of C$863.22 million, a PE ratio of 14.91, a PEG ratio of 0.79 and a beta of 0.86.

Analyst Upgrades and Downgrades

ET has been the topic of several recent analyst reports. Canaccord Genuity Group increased their target price on shares of Evertz Technologies from C$15.25 to C$15.50 and gave the stock a “buy” rating in a research note on Wednesday, December 11th. BMO Capital Markets dropped their price objective on Evertz Technologies from C$15.00 to C$13.50 in a research note on Thursday, March 6th. Finally, Raymond James dropped their price target on Evertz Technologies from C$16.00 to C$14.00 and set an “outperform” rating for the company in a research report on Thursday, March 6th.

Insider Activity at Evertz Technologies

In other Evertz Technologies news, Senior Officer Douglas Moore acquired 4,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 17th. The shares were acquired at an average price of C$12.16 per share, with a total value of C$48,640.00. 64.40% of the stock is currently owned by company insiders.

About Evertz Technologies

Evertz Technologies Limited engages in the design, manufacture, and distribution of video and audio infrastructure solutions for the production, post-production, broadcast, and telecommunications markets in Canada, the United States, and internationally. The company offers contribution and distribution encoder, decoder, receiver, and processing products; and control panels, intelligent operations and controls, big data analytics, and network management systems, as well as orchestration, monitoring, and analytics solutions.