Hurco Companies, Inc. (NASDAQ:HURC) announced a quarterly dividend on Monday, June 15th, Wall Street Journal reports. Investors of record on Monday, June 29th will be paid a dividend of 0.13 per share by the scientific and technical instruments company on Monday, July 13th. This represents a $0.52 dividend on an annualized basis and a yield of 1.88%. The ex-dividend date of this dividend is Friday, June 26th.
Shares of NASDAQ HURC opened at $27.67 on Thursday. The firm has a 50-day simple moving average of $30.18 and a 200-day simple moving average of $30.99. The stock has a market capitalization of $183.44 million, a price-to-earnings ratio of 21.79 and a beta of 0.77. Hurco Companies has a 52 week low of $20.39 and a 52 week high of $39.38.
Separately, ValuEngine raised shares of Hurco Companies from a “hold” rating to a “buy” rating in a research note on Saturday, February 29th.
Hurco Companies, Inc, an industrial technology company, designs, manufactures, and sells computerized machine tools to companies in the metal cutting industry worldwide. The company offers general purpose computerized machine tools, such as vertical machining centers and turning centers. It also provides computer numerical control (CNC) machine tools; machine tools with computer control systems; and industry standard CNC controls, including Fanuc, Siemens, Mitsubishi, or Heidenhain.
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