TESSCO Technologies Incorporated (TESS) Ex-Dividend Date Scheduled for December 11, 2012

By NASDAQ.com News,  December 07, 2012, 09:00:03 AM EDT

TESSCO Technologies Incorporated ( TESS ) has announced an ex-dividend date of December 11, 2012 and a cash dividend payment of $0.75 per share scheduled for December 27, 2012. Shareholders who purchased TESS stock prior to the ex-dividend date are eligible for the cash dividend payment. At the current stock price of $21.68, the dividend yield is 41.51%.

The previous trading day's last sale of TESS was $21.68, representing a -18.28% decrease from the 52 week high of $26.53 and a 61.07% increase over the 52 week low of $13.46.

TESS is a part of the Consumer Non-Durables sector, which includes companies such as EMC Corporation ( EMC ) and TE Connectivity Ltd. ( TEL ). TESS's current earnings per share, an indicator of a company's profitability, is $2.17. Zacks Investment Research reports TESS's forecasted earnings growth in 2013 as -.25%, compared to an industry average of -10.3%.

For more information on the declaration, record and payment dates, visit the TESS Dividend History page.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: News Headlines, Stocks

Referenced Stocks: EMC, TEL, TESS



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