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

Espey Mfg. & Electronics Corp. (NYSEAMERICAN:ESP) announced a quarterly dividend on Thursday, June 4th. Shareholders of record on Monday, June 15th will be paid a dividend of 0.25 per share on Monday, June 22nd. This represents a c) dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend is Monday, June 15th.

Espey Mfg. & Electronics Price Performance

Shares of ESP stock opened at $55.65 on Friday. The stock has a market cap of $166.95 million, a P/E ratio of 14.68 and a beta of 0.36. The company has a fifty day moving average price of $62.71 and a two-hundred day moving average price of $54.44. Espey Mfg. & Electronics has a one year low of $36.00 and a one year high of $74.77.

Espey Mfg. & Electronics (NYSEAMERICAN:ESP) last issued its quarterly earnings data on Tuesday, May 12th. The company reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.11. The company had revenue of $11.42 million for the quarter, compared to analyst estimates of $13.20 million. Espey Mfg. & Electronics had a net margin of 25.50% and a return on equity of 20.38%.

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.