Preformed Line Products (NASDAQ: PLPC) lifts quarterly dividend to $0.21
Rhea-AI Filing Summary
Preformed Line Products Company has approved a modest increase in its shareholder payout. The Board of Directors raised the quarterly cash dividend by 5%, moving it from $0.20 per share to $0.21 per share.
The higher dividend will be paid on January 20, 2026 to shareholders of record as of January 5, 2026. This change is notable because it is described as the company’s first quarterly dividend increase since 2001, the year its shares were listed on the Nasdaq stock exchange, indicating a small but meaningful step-up in ongoing cash returns to shareholders.
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FAQ
What dividend change did Preformed Line Products (PLPC) announce?
Preformed Line Products announced a 5% increase in its quarterly cash dividend, raising it from $0.20 per share to $0.21 per share.
When will PLPC’s new $0.21 quarterly dividend be paid?
The increased quarterly cash dividend of $0.21 per share is payable on January 20, 2026.
What is the record date for Preformed Line Products’ increased dividend?
Shareholders must be on record as of January 5, 2026 to receive the increased $0.21 quarterly dividend.
How significant is this dividend increase for PLPC’s history?
The company states this is its first quarterly dividend increase since 2001, the year it listed its shares on the Nasdaq stock exchange.
What type of dividend does PLPC pay?
Preformed Line Products pays a quarterly cash dividend, which has now been increased to $0.21 per share.
Where can investors find more details on PLPC’s dividend announcement?
Additional details are provided in the company’s press release furnished as Exhibit 99.1, dated December 11, 2025.