NAPCO Security Technologies, Inc. (NASDAQ:NSSC) Shareholders to Get $0.17 Quarterly Dividend

NAPCO Security Technologies, Inc. (NASDAQ:NSSC) announced a quarterly dividend on Monday, November 2nd. Stockholders of record on Monday, December 14th will be given a dividend of $0.17 per share by the industrial products company on Monday, January 4th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date is Monday, December 14th.

NAPCO Security Technologies has a payout ratio of 57.6% meaning its dividend is sufficiently covered by earnings. Analysts expect NAPCO Security Technologies to earn $1.87 per share next year, which means the company should continue to be able to cover its $0.68 annual dividend with an expected future payout ratio of 36.4%.

NAPCO Security Technologies Stock Performance

NSSC stock traded down $7.24 on Monday, hitting $32.11. 2,444,801 shares of the company’s stock were exchanged, compared to its average volume of 473,964. The firm has a 50 day moving average price of $36.51 and a two-hundred day moving average price of $39.11. NAPCO Security Technologies has a 12-month low of $31.00 and a 12-month high of $51.77. The stock has a market cap of $1.15 billion, a P/E ratio of 26.54 and a beta of 1.49.

NAPCO Security Technologies (NASDAQ:NSSC) last released its quarterly earnings results on Monday, November 2nd. The industrial products company reported $0.34 EPS for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.04). NAPCO Security Technologies had a net margin of 21.27% and a return on equity of 31.41%. The firm’s revenue for the quarter was up 1.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.34 earnings per share. Sell-side analysts expect that NAPCO Security Technologies will post 1.68 earnings per share for the current fiscal year.

NAPCO Security Technologies Company Profile

NAPCO Security Technologies, Inc develops, manufactures and sells electronic security products and solutions for commercial, institutional, industrial and residential applications. Its offerings include intrusion alarm systems, access control systems, fire alarm products, locking systems and related communications technologies.

The company markets products under brands that include NAPCO, StarLink, Alarm Lock, Continental Instruments and Firewolf. Its solutions are designed to support security dealers, alarm monitoring providers, systems integrators and other professional-channel customers, including applications in schools, healthcare facilities, businesses and government buildings.

Founded in 1969, NAPCO is headquartered in Amityville, New York.