Preformed Line Products Announces Quarterly Dividend

The Board of Directors of Preformed Line Products Company (NASDAQ: PLPC) declared a $0.20 quarterly dividend per share on September 13, 2021.

Rhea-AI Summary

The Board of Directors of Preformed Line Products Company (NASDAQ: PLPC) declared a $0.20 quarterly dividend per share on September 13, 2021. This dividend will be payable on October 20, 2021 to shareholders on record by the close of business on October 1, 2021. PLP is known for providing reliable solutions to energy and communications sectors, demonstrating their commitment to sustaining high-quality service across more than 20 countries.

Positive

• Quarterly dividend of $0.20 per share enhances shareholder income.
• Strong market position in energy and communications sectors contributes to company confidence.

Negative

• None.

Argus Publication session

-5.22% session move Open Argus

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News Market Reaction – PLPC

In the trading session that priced this news, PLPC declined 5.22%, reflecting a notable negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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CLEVELAND, Sept. 16, 2021 /PRNewswire/ -- The Board of Directors of Preformed Line Products Company (NASDAQ: PLPC) on September 13, 2021, declared a regular quarterly dividend in the amount of $0.20 per share on the Company's common shares, payable October 20, 2021 to shareholders of record at the close of business on October 1, 2021.

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

FAQ

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

What is the dividend amount declared by PLPC?

Preformed Line Products Company declared a quarterly dividend of $0.20 per share.

What is the payment date for PLPC's dividend?

The dividend will be payable on October 20, 2021.

When is the record date for PLPC's dividend?

The record date for the dividend is October 1, 2021.

How often does PLPC pay dividends?

PLPC typically pays dividends on a quarterly basis.

What is PLPC's stock symbol?

The stock symbol for Preformed Line Products Company is PLPC.