National Presto Industries, Inc. (NYSE:NPK) Plans $1.00 Annual Dividend

National Presto Industries, Inc. (NYSE:NPK) announced an annual dividend on Monday, February 24th, Wall Street Journal reports. Shareholders of record on Tuesday, March 4th will be given a dividend of 1.00 per share by the conglomerate on Monday, March 17th. This represents a yield of 1%. The ex-dividend date is Tuesday, March 4th.

National Presto Industries Stock Down 0.5 %

Shares of NPK traded down $0.45 during mid-day trading on Monday, hitting $98.57. 63,739 shares of the company’s stock were exchanged, compared to its average volume of 35,904. National Presto Industries has a twelve month low of $69.58 and a twelve month high of $102.54. The firm has a fifty day moving average of $96.94 and a two-hundred day moving average of $83.54. The stock has a market cap of $699.85 million, a price-to-earnings ratio of 20.75 and a beta of 0.53.

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of National Presto Industries from a “buy” rating to a “hold” rating in a research note on Tuesday, December 3rd.

About National Presto Industries

National Presto Industries, Inc provides housewares and small appliance, defense, and safety products in North America. The company’s Housewares/Small Appliance segment designs, markets, and distributes housewares and small electrical appliances, including pressure cookers and canners; heat control line of skillets, griddles, woks, and multi-purpose cookers; slow cookers; deep fryers; air fryers; waffle makers; pizza ovens; slicer/shredders; electric heaters; hot air, oil, and microwave corn poppers; dehydrators; vacuum sealers; rice cookers; microwave bacon cookers; egg cookers; coffeemakers and coffeemaker accessories; electric knife sharpeners; and timers under the Presto Control Master brand.