Espey Mfg. & Electronics Corp. Plans Quarterly Dividend of $0.25 (NYSEAMERICAN:ESP)

Espey Mfg. & Electronics Corp. (NYSEAMERICAN:ESP) declared a quarterly dividend on Monday, March 9th. Stockholders of record on Friday, March 20th will be given a dividend of 0.25 per share on Friday, March 27th. This represents a c) annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Friday, March 20th.

Espey Mfg. & Electronics Trading Down 2.9%

Shares of NYSEAMERICAN ESP opened at $55.15 on Tuesday. The company has a market capitalization of $163.24 million, a price-to-earnings ratio of 16.08 and a beta of 0.15. Espey Mfg. & Electronics has a twelve month low of $24.85 and a twelve month high of $62.15. The firm has a 50-day moving average of $53.76 and a two-hundred day moving average of $45.96.

Espey Mfg. & Electronics (NYSEAMERICAN:ESP) last announced its quarterly earnings data on Tuesday, February 10th. The company reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $0.23. The firm had revenue of $12.14 million during the quarter, compared to the consensus estimate of $12.40 million. Espey Mfg. & Electronics had a return on equity of 19.09% and a net margin of 23.37%.

About Espey Mfg. & Electronics

Espey Manufacturing & Electronics Corp., founded in 1961 and headquartered in Lowell, Massachusetts, specializes in the design, development and manufacture of precision electronic components and sensor systems. The company’s core product offerings include magnetostrictive transducers, torque and position sensors, wideband RF and microwave amplifiers, as well as high-reliability printed circuit boards and molded bus assemblies. These solutions are engineered to withstand harsh operating environments and meet stringent performance requirements.

Espey’s sensor technologies are employed in applications ranging from industrial automation and energy production to commercial and military aerospace platforms.