Evertz Technologies Limited (TSE:ET) Plans Quarterly Dividend of $0.19

Posted by Amber O'Connor on Sep 19th, 2023

Evertz Technologies Limited (TSE:ET – Get Free Report) announced a quarterly dividend on Thursday, September 21st, Zacks reports. Shareholders of record on Friday, September 29th will be paid a dividend of 0.19 per share on Friday, September 29th. This represents a $0.76 dividend on an annualized basis and a yield of 5.96%. The ex-dividend date of this dividend is Thursday, September 21st.

Evertz Technologies Stock Up 0.4 %

ET opened at C$12.76 on Tuesday. The company has a market capitalization of C$971.29 million, a PE ratio of 14.84, a price-to-earnings-growth ratio of 0.79 and a beta of 0.75. The firm has a 50-day simple moving average of C$12.99 and a two-hundred day simple moving average of C$12.29. The company has a quick ratio of 0.68, a current ratio of 1.92 and a debt-to-equity ratio of 8.79. Evertz Technologies has a 52 week low of C$10.03 and a 52 week high of C$14.10.

Evertz Technologies (TSE:ET – Get Free Report) last issued its quarterly earnings data on Tuesday, September 12th. The company reported C$0.20 earnings per share (EPS) for the quarter, hitting the consensus estimate of C$0.20. Evertz Technologies had a return on equity of 27.67% and a net margin of 13.74%. The business had revenue of C$125.82 million for the quarter. Analysts forecast that Evertz Technologies will post 0.9225199 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets increased their price target on Evertz Technologies from C$15.00 to C$15.50 in a report on Thursday, June 22nd.

Read Our Latest Stock Report on Evertz Technologies

About Evertz Technologies

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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.