Espey Mfg. & Electronics Corp. (NYSEAMERICAN:ESP – Get Free Report) announced a quarterly dividend on Monday, March 10th, RTT News reports. Stockholders of record on Friday, March 21st will be paid a dividend of 0.25 per share on Friday, March 28th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.78%. The ex-dividend date is Friday, March 21st.
Espey Mfg. & Electronics Stock Performance
Shares of ESP opened at $26.48 on Wednesday. The stock has a market cap of $74.14 million, a PE ratio of 10.81 and a beta of 0.13. Espey Mfg. & Electronics has a 1-year low of $20.20 and a 1-year high of $33.00.
Analysts Set New Price Targets
Separately, StockNews.com upgraded shares of Espey Mfg. & Electronics from a “buy” rating to a “strong-buy” rating in a report on Thursday, November 21st.
About Espey Mfg. & Electronics
Espey Manufacturing & Electronics Corp. is a power electronics design and original equipment manufacturing company, which engages in developing and delivering products for use in military and severe environment applications. Its products include power supplies, converters, transformers, filters, magnetic components, power distribution equipment, uninterruptible power supply (UPS) systems, and antennas.
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