SIGA Technologies, Inc. (NASDAQ:SIGA) Announces Dividend of $0.45

SIGA Technologies, Inc. (NASDAQ:SIGAGet Rating) declared a dividend on Thursday, May 5th, Fidelity reports. Investors of record on Tuesday, May 17th will be paid a dividend of 0.45 per share on Thursday, June 2nd. The ex-dividend date of this dividend is Monday, May 16th.

NASDAQ:SIGA opened at $7.46 on Friday. SIGA Technologies has a one year low of $5.66 and a one year high of $9.82. The company has a market cap of $540.18 million, a P/E ratio of 8.02 and a beta of 0.50. The firm’s fifty day moving average price is $7.09 and its two-hundred day moving average price is $7.15.

SIGA Technologies (NASDAQ:SIGAGet Rating) last released its quarterly earnings data on Thursday, March 3rd. The company reported $0.98 EPS for the quarter. SIGA Technologies had a net margin of 50.13% and a return on equity of 49.45%. The firm had revenue of $115.40 million for the quarter. On average, equities research analysts expect that SIGA Technologies will post 0.67 earnings per share for the current year.

SIGA has been the topic of several research reports. TheStreet upgraded shares of SIGA Technologies from a “c+” rating to a “b” rating in a research note on Monday, April 18th. Zacks Investment Research upgraded shares of SIGA Technologies from a “sell” rating to a “hold” rating in a research note on Friday.

A number of large investors have recently added to or reduced their stakes in the business. Alliancebernstein L.P. increased its position in SIGA Technologies by 2.8% during the 4th quarter. Alliancebernstein L.P. now owns 72,600 shares of the company’s stock valued at $546,000 after purchasing an additional 2,000 shares during the period. Royal Bank of Canada grew its position in shares of SIGA Technologies by 39.4% during the 3rd quarter. Royal Bank of Canada now owns 7,516 shares of the company’s stock worth $56,000 after buying an additional 2,126 shares during the period. Bank of New York Mellon Corp grew its position in shares of SIGA Technologies by 1.0% during the 3rd quarter. Bank of New York Mellon Corp now owns 264,829 shares of the company’s stock worth $1,957,000 after buying an additional 2,587 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of SIGA Technologies by 3.1% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 126,333 shares of the company’s stock worth $896,000 after buying an additional 3,804 shares during the period. Finally, Citigroup Inc. grew its position in shares of SIGA Technologies by 46.2% during the 4th quarter. Citigroup Inc. now owns 15,059 shares of the company’s stock worth $113,000 after buying an additional 4,760 shares during the period. 34.52% of the stock is owned by institutional investors and hedge funds.

SIGA Technologies Company Profile (Get Rating)

SIGA Technologies, Inc, a commercial-stage pharmaceutical company, focuses on the health security and infectious disease markets in the United States. Its lead product is TPOXX, an oral formulation antiviral drug for the treatment of human smallpox disease caused by variola virus. SIGA Technologies, Inc has a strategic partnership with Cipla Therapeutics to deliver sustained innovation and access to antibacterial drugs primarily against biothreats.

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