NN, Inc. (NASDAQ:NNBR) announced a quarterly dividend on Thursday, January 18th, Zacks reports. Investors of record on Friday, February 16th will be given a dividend of 0.07 per share by the industrial products company on Friday, March 2nd. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.08%. The ex-dividend date of this dividend is Thursday, February 15th.
Shares of NN (NASDAQ:NNBR) opened at $25.90 on Friday. The company has a quick ratio of 2.72, a current ratio of 3.16 and a debt-to-equity ratio of 1.80. NN has a fifty-two week low of $19.30 and a fifty-two week high of $32.90. The company has a market cap of $732.07, a P/E ratio of -50.78 and a beta of 0.67.
In other news, Director David Floyd bought 1,865 shares of the company’s stock in a transaction dated Friday, December 1st. The shares were acquired at an average cost of $26.98 per share, with a total value of $50,317.70. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 2.80% of the company’s stock.
NN, Inc is a diversified industrial company and a global manufacturer of high precision components and assemblies to a range of markets on a global basis. The Company’s operating segments include: the Precision Engineered Products Group and the Autocam Precision Components Group. Precision Engineered Products Group combines materials science capability with engineering and production solutions to design and manufacture a range of high-precision metal and plastic components, assemblies and finished devices for the medical, electrical, automotive and aerospace end markets.
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