Motorola Solutions, Inc. (NYSE:MSI) will begin trading ex-dividend on September 14, 2020. The quarterly dividend payment of $ 0.64 per share is scheduled to be paid on October 15, 2020. The dividend yield based on the latest trading day closing price was 1.70 %. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date..
Dividends History
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Motorola Solutions, Inc. recently reported second quarter financial results on August 6, 2020, after market close, the Chicago based company unwinded income for the second quarter of $ 1.39 per share, from the revenue of $ 1,618.00 million. The quarterly earnings elevated 58.33 percent while revenues compared with the same quarter last year.
According to street consensus, MSI was expected to report 2Q20 income of $ 1.21 per share from revenue of $ 1570.00 million. The bottom line results beat street analysts by $ 0.18 or 14.88 percent, at the same time, top line results outshined analysts by $ 48.00 million or 3.06 percent.
Stock Performance
Shares of Motorola Solutions, Inc. traded low $ -3.23 or -2.10 percent on Thursday, reaching $ 150.34 with volume of 823.10 thousand shares. Motorola Solutions, Inc. has traded high as $ 154.98 and has cracked $ 150.05 on the downward trend
According to the previous trading day, closing price of $ 150.34, representing a 27.16 % increase from the 52 week low of $ 120.77 and a 18.09 % decrease over the 52 week high of $ 187.49.
The company has a market capital of $ 25.53 billion and is part of the Technology sector and Communication Equipment industry.
Motorola Solutions, Inc. provides mission-critical communication solutions in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Services and Software.
