Houston Wire & Cable Co. (HWCC) Declares Quarterly Dividend of $0.11

Houston Wire & Cable Co. (NASDAQ:HWCC) announced a quarterly dividend on Friday, August 2nd, You are not allowed to view links. Register or Login reports. Stockholders of record on Monday, August 12th will be paid a dividend of $0.11 per share on Friday, August 30th. This represents a $0.44 annualized dividend and a dividend yield of 2.97%.

On a related note, analysts at Raymond James raised their price target on shares of Houston Wire & Cable Co. from $14.50 to $15.00 in a research note to investors on Friday, May 10th.

Houston Wire & Cable Co. (NASDAQ:HWCC) opened at 14.82 on Monday. Houston Wire & Cable Co. has a 1-year low of $10.32 and a 1-year high of $15.07. The stock's 50-day moving average is currently $14.4. The company has a market cap of $265.4 million and a price-to-earnings ratio of 15.60.

Houston Wire & Cable Co. (NASDAQ:HWCC) last released its earnings data on Thursday, May 9th. The company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by $0.01. The company had revenue of $94.30 million for the quarter, compared to the consensus estimate of $94.97 million. During the same quarter in the prior year, the company posted $0.23 earnings per share. The company's quarterly revenue was down .2% on a year-over-year basis. On average, analysts predict that Houston Wire & Cable Co. will post $1.02 earnings per share for the current fiscal year.

Houston Wire & Cable Company provides wire and cable and related services to the United States market.

2013/08/06 13:34:01 Source：(zolmax)

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