L.S. Starrett Co. to Issue Quarterly Dividend of $0.10 (scx)
L.S. Starrett Co. (NYSE:scx) announced a quarterly dividend on Wednesday, September 7th. Investors of record on Tuesday, September 20th will be paid a dividend of 0.10 per share on Friday, September 30th. This represents a $0.40 dividend on an annualized basis and a yield of 3.73%. The ex-dividend date is Friday, September 16th.
Separately, TheStreet downgraded L.S. Starrett from a “hold” rating to a “sell” rating in a research report on Wednesday.
Shares of L.S. Starrett (NYSE:SCX) opened at 10.72 on Friday. The company’s 50-day moving average price is $11.44 and its 200-day moving average price is $11.17. The company’s market cap is $75.31 million. L.S. Starrett has a 12 month low of $8.40 and a 12 month high of $13.71.
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L.S. Starrett Company Profile
The L.S. Starrett Company is engaged in the business of manufacturing over 5,000 variations of precision tools, gages, measuring instruments and saw blades for industrial, professional and consumer markets across the world. The Company’s product line includes precision measuring tools (micrometers, calipers and rules, among others.), levels, electronic gages, dial indicators, gage blocks and granite surface plates and custom-engineered products.
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