L.S. Starrett Company (The) (NYSE:SCX) declared a quarterly dividend on Thursday, September 7th, NASDAQ reports. Shareholders of record on Tuesday, September 19th will be paid a dividend of 0.10 per share on Friday, September 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 5.06%. The ex-dividend date of this dividend is Monday, September 18th.
L.S. Starrett Company (NYSE:SCX) opened at 7.90 on Friday. The company has a market capitalization of $55.17 million, a P/E ratio of 56.43 and a beta of 1.34. L.S. Starrett Company has a 52 week low of $6.75 and a 52 week high of $11.90. The firm has a 50 day moving average of $7.40 and a 200-day moving average of $9.05.
In related news, CFO Douglas A. Starrett purchased 4,500 shares of L.S. Starrett Company (The) stock in a transaction dated Tuesday, September 5th. The shares were bought at an average cost of $7.30 per share, for a total transaction of $32,850.00. Following the purchase, the chief financial officer now owns 52,754 shares in the company, valued at approximately $385,104.20. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Over the last 90 days, insiders bought 7,600 shares of company stock worth $55,480. 2.08% of the stock is currently owned by corporate insiders.
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L.S. Starrett Company (The) Company Profile
The L.S. Starrett Company is engaged in the business of manufacturing over 5,000 variations of precision tools, gages, measuring instruments and saw blades for industrial, professional and consumer markets across the world. The Company’s product line includes precision measuring tools (micrometers, calipers and rules, among others.), levels, electronic gages, dial indicators, gage blocks and granite surface plates and custom-engineered products.
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