Intertape Polymer Group Declares Quarterly Dividend of $0.11 (ITPOF)

Intertape Polymer Group (OTCMKTS:ITPOF) announced a quarterly dividend on Tuesday, March 12th, Zacks reports. Stockholders of record on Friday, March 22nd will be given a dividend of 0.106 per share by the industrial products company on Friday, March 29th. This represents a $0.42 annualized dividend and a dividend yield of 3.07%. The ex-dividend date of this dividend is Thursday, March 21st.

Shares of Intertape Polymer Group stock opened at $13.81 on Wednesday. The firm has a market capitalization of $792.85 million, a PE ratio of 15.19 and a beta of 1.32. The company has a quick ratio of 0.98, a current ratio of 2.06 and a debt-to-equity ratio of 1.86. Intertape Polymer Group has a 12 month low of $10.91 and a 12 month high of $16.10.

Intertape Polymer Group (OTCMKTS:ITPOF) last issued its earnings results on Wednesday, March 13th. The industrial products company reported $0.24 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.26 by ($0.02). The business had revenue of $287.66 million during the quarter. Intertape Polymer Group had a return on equity of 19.90% and a net margin of 4.67%.

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About Intertape Polymer Group

Intertape Polymer Group Inc, together with its subsidiaries, operates in the packaging industry in Canada, the United States, and internationally. It develops, manufactures, and sells various paper and film based pressure sensitive and water activated tapes, polyethylene and specialized polyolefin films, woven coated fabrics, and complementary packaging systems for industrial and retail use.

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Dividend History for Intertape Polymer Group (OTCMKTS:ITPOF)

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