Published On: Thu, Sep 15th, 2016

Espey Manufacturing & Electronics Corp. (ESP) Plans Dividend of $0.25

Espey Manufacturing & Electronics Corp. (NYSE:ESP) announced a dividend on Tuesday, September 13th. Shareholders of record on Thursday, September 22nd will be paid a dividend of 0.25 per share on Thursday, September 29th. The ex-dividend date is Tuesday, September 20th.
Separately, TheStreet upgraded shares of Espey Manufacturing & Electronics Corp. from a “hold” rating to a “buy” rating in a research note on Tuesday, July 5th.
Espey Manufacturing & Electronics Corp. (NYSE:ESP) opened at 25.70 on Thursday. Espey Manufacturing & Electronics Corp. has a 12 month low of $21.93 and a 12 month high of $27.17. The stock’s 50 day moving average price is $26.15 and its 200-day moving average price is $25.43. The firm has a market capitalization of $58.98 million and a P/E ratio of 19.47.

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Espey Manufacturing & Electronics Corp. (NYSE:ESP) last posted its quarterly earnings data on Tuesday, September 13th. The company reported $0.30 EPS for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.34. The company had revenue of $6.73 million for the quarter. On average, analysts forecast that Espey Manufacturing & Electronics Corp. will post ($0.16) earnings per share for the current year.
About Espey Manufacturing & Electronics Corp.
Espey Mfg. & Electronics Corp. (Espey) is a power electronics design and original equipment manufacturing (OEM) company. The Company is engaged in developing and delivering products for use in military and severe environment applications. It operates in power energy conversion and transformer solutions through the design and manufacture of products by using electronics technologies.

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