CSP Inc. (NASDAQ:CSPI) Declares $0.03 Quarterly Dividend

CSP Inc. (NASDAQ:CSPIGet Free Report) announced a quarterly dividend on Friday, December 13th,Wall Street Journal reports. Investors of record on Friday, December 27th will be given a dividend of 0.03 per share by the information technology services provider on Wednesday, January 15th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.76%. The ex-dividend date of this dividend is Friday, December 27th.

CSP Price Performance

NASDAQ:CSPI opened at $15.85 on Wednesday. The company has a market cap of $154.76 million, a price-to-earnings ratio of 56.61 and a beta of 1.44. CSP has a 1 year low of $9.07 and a 1 year high of $29.92. The stock’s 50 day simple moving average is $14.62 and its two-hundred day simple moving average is $14.18.

CSP (NASDAQ:CSPIGet Free Report) last issued its quarterly earnings data on Friday, December 20th. The information technology services provider reported ($0.18) EPS for the quarter. CSP had a return on equity of 5.38% and a net margin of 4.42%.

About CSP

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CSP Inc develops and markets IT integration solutions, security products, managed IT services, cloud services, purpose-built network adapters, and cluster computer systems for commercial and defense customers worldwide. It operates in two segments, Technology Solutions and High Performance Products. The Technology Solutions segment provides third-party computer hardware and software as a value-added reseller to various customers in web and infrastructure hosting, education, telecommunications, healthcare services, distribution, financial and professional services, and manufacturing industries.

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Dividend History for CSP (NASDAQ:CSPI)

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