Vecima Networks Inc. (VCM.TO) Plans Quarterly Dividend of $0.06 (TSE:VCM)

Vecima Networks Inc. (VCM.TO) (TSE:VCM) declared a quarterly dividend on Tuesday, February 9th, Zacks reports. Stockholders of record on Friday, February 26th will be paid a dividend of 0.055 per share on Monday, March 29th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 1.55%. The ex-dividend date of this dividend is Thursday, February 25th.

Vecima Networks Inc. (VCM.TO) stock opened at C$14.16 on Tuesday. Vecima Networks Inc. has a 12-month low of C$7.51 and a 12-month high of C$14.90. The company has a market capitalization of C$323.66 million and a price-to-earnings ratio of -70.45. The company has a debt-to-equity ratio of 3.29, a current ratio of 2.86 and a quick ratio of 1.97. The firm’s fifty day moving average price is C$14.11 and its 200 day moving average price is C$13.32.

Separately, CIBC lifted their price target on shares of Vecima Networks Inc. (VCM.TO) from C$15.50 to C$16.00 in a report on Monday, November 16th.

About Vecima Networks Inc. (VCM.TO)

Vecima Networks Inc provides technology solutions that empower network service providers and content providers to connect people and enterprises to information and entertainment worldwide. It offers products for the cable and broadcast industries, which provides video and broadband access to service providers, content creators, and broadcasters.

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Dividend History for Vecima Networks Inc. (VCM.TO) (TSE:VCM)

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