Vecima Networks Inc (VCM) to Issue Quarterly Dividend of $0.06 on December 17th
Vecima Networks Inc (TSE:VCM) declared a quarterly dividend on Tuesday, November 20th, TickerTech reports. Stockholders of record on Monday, December 17th will be paid a dividend of 0.055 per share on Monday, December 17th. This represents a $0.22 annualized dividend and a dividend yield of 2.62%. The ex-dividend date is Tuesday, November 20th.
Shares of VCM stock opened at C$8.40 on Monday. Vecima Networks has a 12-month low of C$8.19 and a 12-month high of C$10.12. The company has a debt-to-equity ratio of 1.16, a quick ratio of 4.02 and a current ratio of 5.11.
Vecima Networks (TSE:VCM) last issued its quarterly earnings results on Thursday, November 8th. The company reported C($0.05) earnings per share for the quarter. The firm had revenue of C$21.30 million during the quarter. As a group, sell-side analysts anticipate that Vecima Networks will post 0.380000002714286 EPS for the current fiscal year.
About Vecima Networks
Vecima Networks Inc provides technology solutions that empower network service providers to connect people and enterprises to information and entertainment worldwide. The company designs, manufactures, and sells products that enable broadband access to cable, wireless, and telephony networks. Its solutions allow service providers to bridge the final network segment that connects a system directly to end-users, commonly referred to as the the last mile', by overcoming the bottleneck resulting from insufficient carrying capacity in last-mile infrastructures.
See Also: Short Selling Stocks and Day Traders
Receive News & Ratings for Vecima Networks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vecima Networks and related companies with MarketBeat.com's FREE daily email newsletter.