Exco Technologies Limited (TSE:XTC) Announces $0.11 Quarterly Dividend

Exco Technologies Limited (TSE:XTC) declared a quarterly dividend on Monday, March 17th, TickerTech Dividends reports. Investors of record on Monday, March 31st will be paid a dividend of 0.105 per share on Monday, March 31st. This represents a $0.42 annualized dividend and a dividend yield of 6.98%. The ex-dividend date of this dividend is Monday, March 17th.

Exco Technologies Stock Performance

TSE:XTC opened at C$6.02 on Friday. The company has a quick ratio of 1.30, a current ratio of 2.83 and a debt-to-equity ratio of 26.17. The company has a market cap of C$233.17 million, a P/E ratio of 8.27 and a beta of 1.15. Exco Technologies has a fifty-two week low of C$5.98 and a fifty-two week high of C$8.80. The firm’s 50 day moving average is C$6.82 and its two-hundred day moving average is C$7.68.

Analysts Set New Price Targets

Separately, Cormark downgraded shares of Exco Technologies from a “moderate buy” rating to a “hold” rating in a research note on Monday, February 3rd.

Insider Transactions at Exco Technologies

In other news, Senior Officer William Peter Schroers sold 12,000 shares of the stock in a transaction on Tuesday, December 31st. The shares were sold at an average price of C$7.51, for a total value of C$90,120.00. Also, insider Paul Robbins sold 25,000 shares of the stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of C$6.53, for a total transaction of C$163,302.50. Company insiders own 51.81% of the company’s stock.

Exco Technologies Company Profile

Exco Technologies Limited, together with its subsidiaries, designs, develops, manufactures, and sells dies, molds, components and assemblies, and consumable equipment for the die-cast, extrusion, and automotive industries. It operates through two segments, Casting and Extrusion, and Automotive Solutions.