Quarterhill Inc (TSE:QTRH) declared a quarterly dividend on Thursday, September 12th, TickerTech reports. Stockholders of record on Friday, October 4th will be paid a dividend of 0.0125 per share on Friday, October 4th. This represents a $0.05 dividend on an annualized basis and a dividend yield of 2.70%. The ex-dividend date of this dividend is Thursday, September 12th.
QTRH stock remained flat at $C$1.85 during mid-day trading on Wednesday. The company’s stock had a trading volume of 12,453 shares, compared to its average volume of 131,280. The company has a debt-to-equity ratio of 4.27, a quick ratio of 2.36 and a current ratio of 2.61. Quarterhill has a 1-year low of C$1.16 and a 1-year high of C$1.97. The business’s 50 day moving average price is C$1.75 and its 200 day moving average price is C$1.54. The company has a market capitalization of $218.62 million and a P/E ratio of -6.54.
Separately, Cormark increased their target price on shares of Quarterhill from C$2.00 to C$2.25 in a report on Friday, August 9th.
Quarterhill Inc focuses on acquisition and management of technology companies that provides products and services worldwide. Its Technology segment licenses patent technologies to approximately 355 companies. Its patent portfolios include patents relating to 3D television, phased loop semiconductor, semiconductor manufacturing and packaging, medical stent, intelligent personal assistant, streaming video, semiconductor clocking, LED lighting, smart meter monitoring, non-volatile flash memory and other memory, building automation, enhanced image processing, computer gaming, and various other technologies; automotive headlight assemblies, microcontrollers applicable to safety-critical aerospace, and CMOS image sensors; and medical, industrial, and automotive applications.
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