Intertape Polymer Group Plans Quarterly Dividend of $0.11 (ITPOF)
Intertape Polymer Group (OTCMKTS:ITPOF) declared a quarterly dividend on Wednesday, November 7th, Zacks reports. Shareholders of record on Friday, December 14th will be given a dividend of 0.106 per share by the industrial products company on Friday, December 28th. This represents a $0.42 annualized dividend and a yield of 3.27%. The ex-dividend date is Thursday, December 13th.
ITPOF opened at $12.96 on Friday. The company has a current ratio of 2.43, a quick ratio of 1.18 and a debt-to-equity ratio of 1.85. The stock has a market cap of $764.21 million, a price-to-earnings ratio of 15.27 and a beta of 1.48. Intertape Polymer Group has a 52-week low of $12.59 and a 52-week high of $18.15.
Intertape Polymer Group (OTCMKTS:ITPOF) last posted its earnings results on Thursday, November 8th. The industrial products company reported $0.20 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.24 by ($0.04). The company had revenue of $279.06 million for the quarter. Intertape Polymer Group had a net margin of 5.97% and a return on equity of 19.09%.
About Intertape Polymer Group
Intertape Polymer Group Inc, together with its subsidiaries, operates in the packaging industry in Canada, the United States, and internationally. It develops, manufactures, and sells various paper and film based pressure sensitive and water activated tapes, polyethylene and specialized polyolefin films, woven coated fabrics, and complementary packaging systems for industrial and retail use.
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