ManTech International Corporation to Issue Quarterly Dividend of $0.21 (NASDAQ:MANT)

ManTech International Corporation (NASDAQ:MANT) announced a quarterly dividend on Thursday, November 2nd, Wall Street Journal reports. Stockholders of record on Friday, December 8th will be paid a dividend of 0.21 per share by the technology company on Friday, December 22nd. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.69%. The ex-dividend date is Thursday, December 7th.

Shares of ManTech International Corporation (MANT) opened at $49.66 on Friday. The firm has a market capitalization of $1,931.08, a P/E ratio of 32.46, a PEG ratio of 3.98 and a beta of 0.93. ManTech International Corporation has a 1 year low of $33.50 and a 1 year high of $51.56.

ManTech International Corporation (NASDAQ:MANT) last issued its quarterly earnings data on Wednesday, November 1st. The technology company reported $0.39 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.38 by $0.01. The firm had revenue of $422.70 million for the quarter, compared to analyst estimates of $427.44 million. ManTech International Corporation had a return on equity of 4.73% and a net margin of 3.61%. The business’s quarterly revenue was up 1.8% compared to the same quarter last year. During the same period last year, the company earned $0.38 EPS. equities analysts expect that ManTech International Corporation will post 1.56 EPS for the current year.

In other ManTech International Corporation news, COO Kevin M. Phillips sold 24,020 shares of ManTech International Corporation stock in a transaction on Tuesday, September 19th. The stock was sold at an average price of $41.03, for a total transaction of $985,540.60. Following the completion of the transaction, the chief operating officer now owns 47,656 shares in the company, valued at $1,955,325.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Kenneth A. Minihan sold 3,000 shares of ManTech International Corporation stock in a transaction on Wednesday, November 8th. The shares were sold at an average price of $48.66, for a total value of $145,980.00. Following the transaction, the director now owns 13,000 shares of the company’s stock, valued at approximately $632,580. The disclosure for this sale can be found here. Insiders have sold 38,020 shares of company stock valued at $1,637,561 in the last quarter. 22.28% of the stock is owned by company insiders.

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Several equities research analysts recently weighed in on MANT shares. Wells Fargo & Company lifted their price target on ManTech International Corporation from $42.00 to $44.00 and gave the company an “underperform” rating in a research report on Wednesday, October 25th. Cowen and Company restated a “buy” rating and set a $45.00 price target on shares of ManTech International Corporation in a research report on Monday, August 21st. Zacks Investment Research lowered ManTech International Corporation from a “buy” rating to a “hold” rating in a research report on Wednesday, August 30th. Finally, BidaskClub lowered ManTech International Corporation from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Four analysts have rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $44.86.

About ManTech International Corporation

ManTech International Corporation provides technologies and solutions for national security programs for the intelligence community; the departments of Defense, State, Homeland Security, Health and Human Services, Veteran Affairs and Justice, including the Federal Bureau of Investigation (FBI); the space community, and other the United States Government customers.

Dividend History for ManTech International Corporation (NASDAQ:MANT)

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