Hurco Companies, Inc. (HURC) To Go Ex-Dividend on June 28th

Hurco Companies, Inc. (NASDAQ:HURC) announced a quarterly dividend on Friday, June 15th, NASDAQ reports. Investors of record on Friday, June 29th will be paid a dividend of 0.11 per share by the scientific and technical instruments company on Friday, July 13th. This represents a $0.44 annualized dividend and a yield of 0.96%. The ex-dividend date of this dividend is Thursday, June 28th.

NASDAQ:HURC traded up $1.25 during mid-day trading on Friday, hitting $45.75. The stock had a trading volume of 79,929 shares, compared to its average volume of 23,314. The stock has a market cap of $298.90 million, a price-to-earnings ratio of 14.88 and a beta of 0.37. Hurco Companies has a twelve month low of $32.65 and a twelve month high of $50.50.

Hurco Companies (NASDAQ:HURC) last issued its earnings results on Friday, June 8th. The scientific and technical instruments company reported $0.55 earnings per share for the quarter. The firm had revenue of $70.42 million for the quarter. Hurco Companies had a net margin of 6.27% and a return on equity of 9.81%.

Several analysts recently weighed in on the stock. BidaskClub raised shares of Hurco Companies from a “sell” rating to a “hold” rating in a report on Friday, May 18th. ValuEngine cut shares of Hurco Companies from a “buy” rating to a “hold” rating in a report on Wednesday, May 2nd.

In other Hurco Companies news, Director Andrew Sheeley Niner sold 8,071 shares of the stock in a transaction that occurred on Monday, March 26th. The shares were sold at an average price of $45.30, for a total value of $365,616.30. Following the transaction, the director now directly owns 9,683 shares in the company, valued at $438,639.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold 19,836 shares of company stock worth $902,142 over the last quarter. 8.30% of the stock is currently owned by insiders.

About Hurco Companies

Hurco Companies, Inc, an industrial technology company, designs, manufactures, and sells computerized machine tools to companies in the metal cutting industry worldwide. The company offers general purpose computerized machine tools, such as vertical machining centers and turning centers. It also provides computer numerical control (CNC) machine tools, knee mills, vertical machining centers, tool room bed mills, combination lathes, horizontal machining centers, slant-bed lathes, and bridge mills; and double column vertical machining centers, and high-speed drill and tap machines.

Dividend History for Hurco Companies (NASDAQ:HURC)

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