Quarterhill Inc (QTRH) to Issue Quarterly Dividend of $0.01
Quarterhill Inc (TSE:QTRH) declared a quarterly dividend on Thursday, September 13th, TickerTech reports. Shareholders of record on Friday, October 5th will be paid a dividend of 0.0125 per share on Friday, October 5th. This represents a $0.05 dividend on an annualized basis and a dividend yield of 2.63%. The ex-dividend date of this dividend is Thursday, September 13th.
Shares of Quarterhill stock traded up C$0.05 during trading hours on Friday, reaching C$1.90. The stock had a trading volume of 449,900 shares, compared to its average volume of 305,268. Quarterhill has a twelve month low of C$1.33 and a twelve month high of C$2.65.
Several research analysts recently weighed in on QTRH shares. Canaccord Genuity upgraded shares of Quarterhill from a “hold” rating to a “speculative buy” rating and upped their price target for the stock from C$2.00 to C$2.50 in a research report on Thursday, August 2nd. Cormark downgraded shares of Quarterhill from a “buy” rating to a “market perform” rating and reduced their price target for the stock from C$3.00 to C$2.10 in a research report on Friday, May 11th.
Quarterhill Inc focuses on acquisition and management of technology companies that provides products and services worldwide. Its Technology segment licenses patent technologies to approximately 355 companies. Its patent portfolios include patents relating to 3D television, phased loop semiconductor, semiconductor manufacturing and packaging, medical stent, intelligent personal assistant, streaming video, semiconductor clocking, LED lighting, smart meter monitoring, non-volatile flash memory and other memory, building automation, enhanced image processing, computer gaming, and various other technologies; automotive headlight assemblies, microcontrollers applicable to safety-critical aerospace, and CMOS image sensors; and medical, industrial, and automotive applications.
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