Vecima Networks Inc. (TSE:VCM) Declares $0.06 Quarterly Dividend

Vecima Networks Inc. (TSE:VCM) declared a quarterly dividend on Tuesday, September 17th, Zacks reports. Shareholders of record on Friday, October 11th will be given a dividend of 0.055 per share on Monday, November 4th. This represents a $0.22 dividend on an annualized basis and a yield of ∞. The ex-dividend date is Friday, October 11th.

Vecima Networks Stock Performance

The firm has a fifty day simple moving average of C$21.19 and a two-hundred day simple moving average of C$20.87. The company has a debt-to-equity ratio of 43.54, a quick ratio of 0.83 and a current ratio of 1.49. Vecima Networks has a 12 month low of C$14.50 and a 12 month high of C$23.01. The firm has a market capitalization of C$539.68 million, a price-to-earnings ratio of 33.13 and a beta of 0.63.

About Vecima Networks

Vecima Networks Inc engages in the development of integrated hardware and software solutions for broadband access, content delivery, and telematics. The company operates through three segments: Video and Broadband Solutions, Content Delivery and Storage, and Telematics. The Video and Broadband Solutions segment offers platforms that process data from the cable network and deliver high-speed internet connectivity to homes over cable and fiber, as well as adapt video services.