Ceco Environmental Corp Declares Quarterly Dividend of $0.05 (CECE)
Ceco Environmental Corp (NASDAQ:CECE) declared a quarterly dividend on Thursday, March 7th. Investors of record on Monday, March 18th will be given a dividend of $0.05 per share on Thursday, March 28th. This represents a $0.20 dividend on an annualized basis and a yield of 1.64%.
Several analysts have also recently commented on the stock. Analysts at Zacks downgraded shares of Ceco Environmental Corp from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, February 12th. They now have a $11.70 price target on the stock.
Shares of Ceco Environmental Corp (CECE) opened at 12.16 on Thursday. Ceco Environmental Corp (CECE) has a one year low of $6.81 and a one year high of $12.25. The stock’s 50-day moving average is currently $10.90. The company has a market cap of $178.9 million and a P/E ratio of 19.18.
CECO Environmental Corp. (CECO) operate as a provider of air pollution control products and services through four principal product groups: its Contracting/Services Group, which produces air pollution control and industrial ventilation systems, its Equipment Group, which produces various types of air pollution control equipment, its Parts Group, which manufactures products used by the Company and other air pollution control companies and contractors, and its Engineering Group, which provides industrial ventilation engineering and source emission testing services.
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