Preformed Line Products Announces Quarterly Dividend

On June 18, 2021, Preformed Line Products (Nasdaq: PLPC) announced a quarterly dividend of $.20 per share.

Rhea-AI Summary

On June 18, 2021, Preformed Line Products (Nasdaq: PLPC) announced a quarterly dividend of $.20 per share. This dividend will be payable on July 20, 2021, to shareholders of record as of July 1, 2021.

The company, founded in 1947 and headquartered in Mayfield Village, Ohio, specializes in designing and manufacturing products for energy, communications, and broadband networks. It operates two domestic manufacturing centers in Arkansas and North Carolina and serves clients worldwide.

Positive

• Declaration of a quarterly dividend of $.20 per share, indicating financial stability.
• The company has a long-standing history since 1947, reflecting reliability.
• Global operations in multiple countries suggest a diversified market presence.

Negative

• None.

Argus Publication session

-1.70% session move Open Argus

Details

News Market Reaction – PLPC

In the trading session that priced this news, PLPC declined 1.70%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

MAYFIELD VILLAGE, Ohio, June 18, 2021 /PRNewswire/ -- The Board of Directors of Preformed Line Products (Nasdaq: PLPC) on June 18, 2021, declared a regular quarterly dividend in the amount of $.20 per share on the Company's common shares, payable July 20, 2021, to shareholders of record at the close of business on July 1, 2021.

Founded in 1947, Preformed Line Products is an international designer and manufacturer of products and systems employed in the construction and maintenance of overhead and underground networks for energy, communications, and broadband network companies.

Preformed's world headquarters are in Mayfield Village, Ohio, and the Company operates two domestic manufacturing centers located in Rogers, Arkansas, and Albemarle, North Carolina.  The Company serves its worldwide market through international operations in Argentina, Australia, Austria, Brazil, Canada, China, Colombia, Czech Republic, France, Great Britain, Indonesia, Malaysia, Mexico, New Zealand, Poland, Russia, South Africa, Spain, Thailand, and Vietnam.

View original content to download multimedia:http://www.prnewswire.com/news-releases/preformed-line-products-announces-quarterly-dividend-301315668.html

SOURCE Preformed Line Products

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount for Preformed Line Products (PLPC)?

The declared dividend amount is $.20 per share.

When is the dividend payable for PLPC?

The dividend is payable on July 20, 2021.

What is the record date for PLPC's dividend?

The record date is July 1, 2021.

How often does Preformed Line Products (PLPC) pay dividends?

Preformed Line Products generally pays dividends quarterly.