Northern Technologies International Co. Declares Quarterly Dividend of $0.06 (NASDAQ:NTIC)

Northern Technologies International Co. (NASDAQ:NTIC) announced a quarterly dividend on Wednesday, July 24th, NASDAQ reports. Investors of record on Wednesday, August 7th will be paid a dividend of 0.06 per share by the specialty chemicals company on Wednesday, August 21st. This represents a $0.24 annualized dividend and a yield of 2.16%. The ex-dividend date of this dividend is Tuesday, August 6th.

Shares of Northern Technologies International stock opened at $11.11 on Monday. The business has a 50-day simple moving average of $16.07. The stock has a market cap of $100.95 million, a P/E ratio of 15.65 and a beta of 0.95. Northern Technologies International has a 1 year low of $10.40 and a 1 year high of $18.85.

Northern Technologies International (NASDAQ:NTIC) last issued its earnings results on Tuesday, July 9th. The specialty chemicals company reported $0.16 earnings per share for the quarter. Northern Technologies International had a return on equity of 11.30% and a net margin of 11.44%. The company had revenue of $14.89 million for the quarter. On average, sell-side analysts predict that Northern Technologies International will post 0.68 earnings per share for the current year.

Separately, ValuEngine raised Northern Technologies International from a “sell” rating to a “hold” rating in a research report on Thursday.

Northern Technologies International Company Profile

Northern Technologies International Corporation develops and markets rust and corrosion inhibiting products and services to automotive, electronics, electrical, mechanical, military, retail consumer, and oil and gas markets. It offers rust and corrosion inhibiting products, such as plastic and paper packaging, liquids, coatings, rust removers, cleaners, diffusers, and engineered solutions designed for the oil and gas industry under the ZERUST brand.

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Dividend History for Northern Technologies International (NASDAQ:NTIC)

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