Mesa Laboratories, Inc. (NASDAQ:MLAB) will begin trading ex-dividend on November 27, 2020. The quarterly dividend payment of $ 0.16 per share is scheduled to be paid on December 15, 2020. The dividend yield based on the latest trading day closing price was 0.23 percent. Shareholders who purchased MLAB shares prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
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Mesa Laboratories, Inc. recently reported first quarter financial results on August 6, 2020, before market open, the Lakewood based company unveiled income for the first quarter of $ 0.30 per share, from the revenue of $ 29.94 million. The quarterly earnings reduced 48.48 percent while revenues compared with the same quarter last year.
Wall street analysts are predicting, income of $ 0.76 per share The bottom line results missed street analysts by $ 0.46 or 60.53 percent, at the same time, top line results analysts by $ 3 million or .
Stock Performance
Shares of Mesa Laboratories, Inc. traded low $ -4.11 or -1.47 percent on Thursday, reaching $ 274.99 with volume of 30.50 thousand shares. Mesa Laboratories, Inc. has traded high as $ 280.10 and has cracked $ 270.48 on the downward trend
According to the previous trading day, closing price of $ 274.99, representing a 53.44 % increase from the 52 week low of $ 181.90 and a 4.48 % decrease over the 52 week high of $ 292.19.
The company has a market capital of $ 1.41 billion and is part of the Technology sector and Scientific & Technical Instruments industry.
Mesa Laboratories, Inc. designs, manufactures, and markets quality control instruments and disposable products in Europe, Africa, Asia, South America, Australia, Canada, and Central America. The companys Instruments segment offers data loggers, which are precision instruments used in critical manufacturing, quality control, and validation applications; medical meters and calibration solutions used to test various parameters of the dialysis fluid, and the calibration and operation of the dialysis machine; gas flow calibration and air sampling equipment that are used for industrial hygiene assessments, calibration of gas metering equipment, and environmental air monitoring; and torque testing systems used for measure bottle cap tightness.
