PREFORMED LINE PRODUCTS ANNOUNCES QUARTERLY DIVIDEND

Rhea-AI Impact

(Low)

Rhea-AI Sentiment

(Neutral)

Rhea-AI Summary

Preformed Line Products (Nasdaq: PLPC) has announced its Board of Directors declared a regular quarterly dividend of $0.20 per share on the company's common shares. The dividend will be payable on January 21, 2025, to shareholders of record at the close of business on January 7, 2025. The declaration was made during the board meeting held on December 3, 2024.

Positive

Maintained consistent quarterly dividend payment of $0.20 per share
Demonstrates company's commitment to returning value to shareholders

Negative

None.

News Market Reaction 1 Alert

+0.59% News Effect

On the day this news was published, PLPC gained 0.59%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

12/18/2024 - 04:30 PM

CLEVELAND, Dec. 18, 2024 /PRNewswire/ -- The Board of Directors of Preformed Line Products (Nasdaq: PLPC) on December 3, 2024, declared a regular quarterly dividend in the amount of $.20 per share on the Company's common shares, payable January 21, 2025, to shareholders of record at the close of business on January 7, 2025.

ABOUT PLP

PLP protects the world's most critical connections by creating stronger and more reliable networks. The company's precision-engineered solutions are trusted by energy and communications providers worldwide to perform better and last longer. With locations in 20 countries, PLP works as a united global corporation, delivering high-quality products and unparalleled service to customers around the world.

View original content to download multimedia:https://www.prnewswire.com/news-releases/preformed-line-products-announces-quarterly-dividend-302335493.html