Strattec Security Corp. (NASDAQ:STRT) to Issue $0.14 Quarterly Dividend


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Strattec Security Corp. (NASDAQ:STRT) announced a quarterly dividend on Wednesday, August 21st, Zacks reports. Shareholders of record on Friday, September 13th will be paid a dividend of 0.14 per share by the auto parts company on Friday, September 27th. This represents a $0.56 dividend on an annualized basis and a yield of 2.93%. The ex-dividend date of this dividend is Thursday, September 12th.

Strattec Security has raised its dividend by an average of 3.8% per year over the last three years.

Shares of Strattec Security stock opened at $19.10 on Friday. Strattec Security has a 12-month low of $18.51 and a 12-month high of $37.50. The firm has a market cap of $71.35 million, a PE ratio of 6.71 and a beta of 1.20. The company’s fifty day simple moving average is $20.97 and its two-hundred day simple moving average is $25.82. The company has a quick ratio of 1.43, a current ratio of 2.02 and a debt-to-equity ratio of 0.23.

Strattec Security (NASDAQ:STRT) last issued its earnings results on Thursday, August 8th. The auto parts company reported $0.73 earnings per share (EPS) for the quarter. The business had revenue of $128.70 million during the quarter. Strattec Security had a negative net margin of 3.50% and a positive return on equity of 5.67%.

Strattec Security Company Profile

Strattec Security Corporation engages in the design, development, manufacture, and marketing of automotive access control products under the VAST brand primarily in the United States. The company offers mechanical locks and keys, electronically enhanced locks and keys, steering column and instrument panel ignition lock housings, latches, power sliding side door systems, power lift gate systems, power deck lid systems, door handles, and related products.

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Dividend History for Strattec Security (NASDAQ:STRT)



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