AstroNova, Inc. (ALOT) to Issue Quarterly Dividend of $0.07 on September 22nd

AstroNova, Inc. (NASDAQ:ALOT) declared a quarterly dividend on Wednesday, August 23rd, Zacks reports. Investors of record on Friday, September 15th will be paid a dividend of 0.07 per share by the business services provider on Friday, September 22nd. This represents a $0.28 annualized dividend and a yield of 2.12%. The ex-dividend date is Thursday, September 14th.

Shares of AstroNova (NASDAQ ALOT) traded up 1.89% on Wednesday, reaching $13.45. 200 shares of the company traded hands. AstroNova has a 1-year low of $12.50 and a 1-year high of $15.65. The company has a 50-day moving average of $13.71 and a 200-day moving average of $13.99. The stock has a market capitalization of $90.51 million, a price-to-earnings ratio of 31.87 and a beta of -0.01.

AstroNova (NASDAQ:ALOT) last released its quarterly earnings data on Wednesday, August 23rd. The business services provider reported $0.11 earnings per share for the quarter. AstroNova had a net margin of 3.13% and a return on equity of 4.64%. The company had revenue of $27.48 million during the quarter. Analysts anticipate that AstroNova will post $1.09 earnings per share for the current fiscal year.

In other AstroNova news, Director Everett V. Pizzuti sold 5,000 shares of AstroNova stock in a transaction on Monday, July 31st. The shares were sold at an average price of $13.79, for a total value of $68,950.00. Following the completion of the transaction, the director now owns 101,955 shares of the company’s stock, valued at $1,405,959.45. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold 35,000 shares of company stock valued at $479,500 in the last ninety days. 14.50% of the stock is owned by corporate insiders.

A hedge fund recently raised its stake in AstroNova stock. Northern Trust Corp raised its position in AstroNova, Inc. (NASDAQ:ALOT) by 8.9% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 30,432 shares of the business services provider’s stock after buying an additional 2,478 shares during the period. Northern Trust Corp owned about 0.45% of AstroNova worth $393,000 at the end of the most recent quarter. 54.26% of the stock is owned by institutional investors and hedge funds.

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About AstroNova

AstroNova, Inc, formerly Astro-Med, Inc, designs, develops, manufactures and distributes a range of specialty printers, and data acquisition and analysis systems. The Company operates through two segments: QuickLabel and Test & Measurement (T&M). The Company offers both hardware and software, which incorporate technologies in order to acquire, store, analyze and present data in multiple formats.

Dividend History for AstroNova (NASDAQ:ALOT)

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