Atrion Co. (NASDAQ:ATRI) to Issue $2.20 Quarterly Dividend

Atrion Co. (NASDAQ:ATRIGet Free Report) declared a quarterly dividend on Tuesday, May 21st, Zacks reports. Stockholders of record on Friday, June 14th will be given a dividend of 2.20 per share by the medical instruments supplier on Friday, June 28th. This represents a $8.80 annualized dividend and a dividend yield of 1.86%. The ex-dividend date of this dividend is Friday, June 14th.

Atrion has raised its dividend payment by an average of 9.7% per year over the last three years and has increased its dividend every year for the last 21 years.

Atrion Stock Up 4.6 %

ATRI opened at $471.99 on Thursday. The firm has a 50 day moving average price of $427.41 and a 200-day moving average price of $375.64. Atrion has a twelve month low of $274.98 and a twelve month high of $602.59. The stock has a market capitalization of $830.70 million, a price-to-earnings ratio of 44.36 and a beta of 0.62.

Atrion (NASDAQ:ATRIGet Free Report) last released its quarterly earnings data on Friday, May 10th. The medical instruments supplier reported $1.59 earnings per share for the quarter. Atrion had a net margin of 10.60% and a return on equity of 7.75%. The firm had revenue of $47.33 million during the quarter.

Analyst Ratings Changes

Separately, StockNews.com cut shares of Atrion from a “hold” rating to a “sell” rating in a report on Tuesday.

Read Our Latest Research Report on Atrion

About Atrion

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Atrion Corporation, together with its subsidiaries, develops, manufactures, and sells products for fluid delivery, cardiovascular, and ophthalmic applications in the United States, Canada, Europe, and internationally. The company's fluid delivery products include valves that fill, hold, and release controlled amounts of fluids or gasses for use in various intubation, intravenous, catheter, and other applications in the anesthesia and oncology fields, as well as promote infection control in hospital and home healthcare environments.

See Also

Dividend History for Atrion (NASDAQ:ATRI)

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