Preformed Line Products Company Announces Quarterly Dividend

Rhea-AI Summary

The Board of Directors of Preformed Line Products Company (Nasdaq: PLPC) announced a quarterly dividend of $.20 per share on September 14, 2020. This dividend is payable on October 20, 2020 to shareholders recorded by the close of business on October 1, 2020. Founded in 1947, Preformed is a global designer and manufacturer serving energy, communications, and broadband sectors, with operations in multiple countries including the U.S., Canada, and China.

Positive

• Quarterly dividend of $.20 per share enhances shareholder income.

Negative

• None.

MAYFIELD VILLAGE, Ohio, Sept. 16, 2020 /PRNewswire/ -- The Board of Directors of Preformed Line Products Company (Nasdaq: PLPC) on September 14, 2020 declared a regular quarterly dividend in the amount of $.20 per share on the Company's common shares, payable October 20, 2020 to shareholders of record at the close of business on October 1, 2020.

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, England, France, Indonesia, Malaysia, Mexico, New Zealand, Poland, Russia, South Africa, Spain, Thailand and Vietnam.

View original content to download multimedia:http://www.prnewswire.com/news-releases/preformed-line-products-company-announces-quarterly-dividend-301132545.html

SOURCE Preformed Line Products Company

FAQ

What is the PLPC quarterly dividend amount?

The quarterly dividend amount for PLPC is $.20 per share.

When is the PLPC dividend payable?

The PLPC dividend is payable on October 20, 2020.

What is the record date for the PLPC dividend?

The record date for the PLPC dividend is October 1, 2020.

How often does PLPC pay dividends?

PLPC pays dividends quarterly.

Is the PLPC dividend sustainable?

The sustainability of the PLPC dividend can depend on the company's financial performance and cash reserves.