CSP Inc. (NASDAQ:CSPI) Plans $0.03 Quarterly Dividend

CSP Inc. (NASDAQ:CSPI) announced a quarterly dividend on Tuesday, February 11th,Wall Street Journal reports. Investors of record on Monday, February 24th will be given a dividend of 0.03 per share by the information technology services provider on Monday, March 10th. This represents a $0.12 dividend on an annualized basis and a yield of 0.60%. The ex-dividend date of this dividend is Monday, February 24th.

CSP Stock Performance

Shares of CSP stock opened at $19.92 on Thursday. The firm’s 50 day simple moving average is $17.19 and its two-hundred day simple moving average is $14.80. CSP has a 12-month low of $10.76 and a 12-month high of $29.92.

CSP (NASDAQ:CSPI) last announced its quarterly earnings data on Monday, February 10th. The information technology services provider reported $0.05 earnings per share for the quarter. CSP had a negative net margin of 0.78% and a negative return on equity of 0.91%.

CSP Company Profile

CSP Inc develops and markets IT integration solutions, security products, managed IT services, cloud services, purpose-built network adapters, and cluster computer systems for commercial and defense customers worldwide. It operates in two segments, Technology Solutions and High Performance Products. The Technology Solutions segment provides third-party computer hardware and software as a value-added reseller to various customers in web and infrastructure hosting, education, telecommunications, healthcare services, distribution, financial and professional services, and manufacturing industries.