PREFORMED LINE PRODUCTS ANNOUNCES QUARTERLY DIVIDEND
The Board of Directors of Preformed Line Products (PLPC) declared a quarterly dividend of $.20 per share on June 15, 2022.
Rhea-AI Summary
The Board of Directors of Preformed Line Products (PLPC) declared a quarterly dividend of $.20 per share on June 15, 2022. This dividend is payable on July 20, 2022, to shareholders on record as of the close of business on July 1, 2022. The company emphasizes its commitment to protecting critical connections through precision-engineered solutions, serving energy and communications providers across over 20 countries.
Positive
- Quarterly dividend of $.20 per share announced, demonstrating commitment to returning value to shareholders.
Negative
- None.
Details
News Market Reaction – PLPC
In the trading session that priced this news, PLPC gained 0.73%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
CLEVELAND, June 17, 2022 /PRNewswire/ -- The Board of Directors of Preformed Line Products (Nasdaq: PLPC) on June 15, 2022, declared a regular quarterly dividend in the amount of $.20 per share on the Company's common shares, payable July 20, 2022, to shareholders of record at the close of business on July 1, 2022.
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 over 20 countries, PLP works as a united global corporation, delivering high-quality products and unparalleled service to customers around the world.
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SOURCE Preformed Line Products
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