Espey Mfg. & Electronics Corp. (NYSEAMERICAN:ESP) to Issue Quarterly Dividend of $0.25

Espey Mfg. & Electronics Corp. (NYSEAMERICAN:ESP) announced a quarterly dividend on Monday, March 10th, RTT News reports. Shareholders of record on Friday, March 21st will be given a dividend of 0.25 per share on Friday, March 28th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.78%. The ex-dividend date is Friday, March 21st.

Espey Mfg. & Electronics Stock Down 0.1 %

Espey Mfg. & Electronics stock opened at $26.48 on Wednesday. The stock has a market cap of $74.14 million, a price-to-earnings ratio of 10.81 and a beta of 0.13. Espey Mfg. & Electronics has a 52-week low of $20.20 and a 52-week high of $33.00.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Espey Mfg. & Electronics from a “buy” rating to a “strong-buy” rating in a research note on Thursday, November 21st.

Espey Mfg. & Electronics Company Profile

Espey Manufacturing & Electronics Corp. is a power electronics design and original equipment manufacturing company, which engages in developing and delivering products for use in military and severe environment applications. Its products include power supplies, converters, transformers, filters, magnetic components, power distribution equipment, uninterruptible power supply (UPS) systems, and antennas.