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Preformed Line Products Announces Quarterly Dividend

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Rhea-AI Summary

On June 18, 2021, Preformed Line Products (Nasdaq: PLPC) announced a quarterly dividend of $.20 per share. This dividend will be payable on July 20, 2021, to shareholders of record as of July 1, 2021.

The company, founded in 1947 and headquartered in Mayfield Village, Ohio, specializes in designing and manufacturing products for energy, communications, and broadband networks. It operates two domestic manufacturing centers in Arkansas and North Carolina and serves clients worldwide.

Positive
  • Declaration of a quarterly dividend of $.20 per share, indicating financial stability.
  • The company has a long-standing history since 1947, reflecting reliability.
  • Global operations in multiple countries suggest a diversified market presence.
Negative
  • None.

MAYFIELD VILLAGE, Ohio, June 18, 2021 /PRNewswire/ -- The Board of Directors of Preformed Line Products (Nasdaq: PLPC) on June 18, 2021, declared a regular quarterly dividend in the amount of $.20 per share on the Company's common shares, payable July 20, 2021, to shareholders of record at the close of business on July 1, 2021.

Founded in 1947, Preformed Line Products is an international designer and manufacturer of products and systems employed in the construction and maintenance of overhead and underground networks for energy, communications, and broadband network companies.

Preformed's world headquarters are in Mayfield Village, Ohio, and the Company operates two domestic manufacturing centers located in Rogers, Arkansas, and Albemarle, North Carolina.  The Company serves its worldwide market through international operations in Argentina, Australia, Austria, Brazil, Canada, China, Colombia, Czech Republic, France, Great Britain, Indonesia, Malaysia, Mexico, New Zealand, Poland, Russia, South Africa, Spain, Thailand, and Vietnam.

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SOURCE Preformed Line Products

FAQ

What is the dividend amount for Preformed Line Products (PLPC)?

The declared dividend amount is $.20 per share.

When is the dividend payable for PLPC?

The dividend is payable on July 20, 2021.

What is the record date for PLPC's dividend?

The record date is July 1, 2021.

How often does Preformed Line Products (PLPC) pay dividends?

Preformed Line Products generally pays dividends quarterly.

Preformed Line Products Co

NASDAQ:PLPC

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612.20M
2.41M
50.56%
43.35%
0.77%
Electrical Equipment & Parts
Water, Sewer, Pipeline, Comm & Power Line Construction
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United States of America
CLEVELAND