P & F Industries, Inc. (NASDAQ:PFIN) announced a quarterly dividend on Friday, March 8th, Fidelity reports. Shareholders of record on Monday, March 18th will be paid a dividend of 0.05 per share on Friday, March 22nd. This represents a $0.20 dividend on an annualized basis and a yield of 2.47%. The ex-dividend date of this dividend is Friday, March 15th.
Shares of PFIN stock opened at $8.10 on Thursday. P & F Industries has a 1 year low of $6.03 and a 1 year high of $9.00. The company has a market cap of $29.69 million, a price-to-earnings ratio of 44.89 and a beta of 0.10.
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P&F Industries, Inc, through its subsidiaries, manufactures, imports, and sells air-powered tools and accessories primarily to the retail, industrial, and automotive markets in the United States and internationally. The company designs, imports, and sells pneumatic hand tools, including sanders, grinders, drills, saws, and impact wrenches under the Florida Pneumatic, Universal Tool, AIRCAT, and NITROCAT names through in-house sales personnel and manufacturers' representatives to retailers, distributors, and private label customers.
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