PREFORMED LINE PRODUCTS ANNOUNCES QUARTERLY DIVIDEND
Rhea-AI Summary
Preformed Line Products (Nasdaq: PLPC) has announced a regular quarterly dividend of $0.20 per share on the company's common shares. The dividend was declared by the Board of Directors on September 18, 2024. It will be payable on October 21, 2024, to shareholders of record at the close of business on October 1, 2024. This announcement demonstrates the company's commitment to providing regular returns to its shareholders.
Positive
- Regular quarterly dividend of $0.20 per share declared
- Consistent dividend payout indicates financial stability
Negative
- None.
News Market Reaction
On the day this news was published, PLPC declined 2.05%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
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.
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SOURCE Preformed Line Products Company
FAQ
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