BK Technologies Co. (NYSEAMERICAN:BKTI) Plans Quarterly Dividend of $0.02

BK Technologies Co. (NYSEAMERICAN:BKTI) declared a quarterly dividend on Monday, July 12th, Wall Street Journal reports. Stockholders of record on Monday, July 26th will be paid a dividend of 0.02 per share on Monday, August 9th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 2.52%. The ex-dividend date is Friday, July 23rd.

BK Technologies has decreased its dividend by 33.3% over the last three years and has increased its dividend every year for the last 1 years.

Shares of BKTI stock opened at $3.17 on Thursday. The company has a market capitalization of $51.45 million, a P/E ratio of 62.00 and a beta of 1.29. The business has a 50 day simple moving average of $3.04. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.27 and a current ratio of 2.32. BK Technologies has a fifty-two week low of $2.54 and a fifty-two week high of $5.50.

BK Technologies (NYSEAMERICAN:BKTI) last issued its earnings results on Thursday, May 13th. The company reported ($0.06) earnings per share for the quarter. The business had revenue of $8.56 million during the quarter. BK Technologies had a return on equity of 3.43% and a net margin of 1.78%.

About BK Technologies

BK Technologies Corporation, through its subsidiary, BK Technologies, Inc, designs, manufactures, and markets wireless communications products in the United States and internationally. The company offers two-way land mobile radios (LMR), repeaters, base stations, and related components and subsystems under BK Technologies, BKR, BK Radio, and RELM brand names.

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Dividend History for BK Technologies (NYSEAMERICAN:BKTI)

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