Exco Technologies Limited to Issue Quarterly Dividend of $0.08 (XTC)

Exco Technologies Limited (TSE:XTC) declared a quarterly dividend on Wednesday, November 29th, Zacks reports. Shareholders of record on Wednesday, December 13th will be given a dividend of 0.08 per share on Thursday, December 28th. This represents a $0.32 dividend on an annualized basis and a yield of 3.44%. The ex-dividend date is Tuesday, December 12th.

Exco Technologies (TSE XTC) traded up C$0.07 during midday trading on Thursday, reaching C$9.30. 53,239 shares of the company’s stock were exchanged, compared to its average volume of 47,999. Exco Technologies has a one year low of C$8.80 and a one year high of C$12.79.

Several brokerages have recently weighed in on XTC. Scotiabank lowered their target price on shares of Exco Technologies from C$12.50 to C$10.00 and set a “sector perform” rating on the stock in a report on Friday, December 1st. BMO Capital Markets lowered their target price on shares of Exco Technologies from C$11.50 to C$10.00 in a report on Friday, December 1st.

In other news, insider Edward James Kernaghan bought 3,000 shares of the stock in a transaction dated Monday, December 4th. The shares were acquired at an average price of C$9.20 per share, with a total value of C$27,600.00.

COPYRIGHT VIOLATION WARNING: This news story was first published by Community Financial News and is the property of of Community Financial News. If you are viewing this news story on another publication, it was illegally copied and reposted in violation of United States and international copyright and trademark law. The legal version of this news story can be viewed at https://www.com-unik.info/2017/12/07/exco-technologies-limited-to-issue-quarterly-dividend-of-0-08-xtc.html.

About Exco Technologies

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 in two segments, Casting and Extrusion; and Automotive Solutions. The Casting and Extrusion segment designs, develops, manufactures, and sells die-castings and extrusion tooling products, and consumable parts for aluminum die-casting and aluminum extrusion machines.

Dividend History for Exco Technologies (TSE:XTC)

What are top analysts saying about Exco Technologies Limited? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Exco Technologies Limited and related companies.


Leave a Reply

share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit