Park-Ohio Holdings Corp. ($PKOH) To Go Ex-Dividend Tomorrow, November 13, 2020

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Park-Ohio Holdings Corp. (NASDAQ:PKOH) will begin trading ex-dividend on November 13, 2020. The quarterly dividend payment of $ 0.125 per share is scheduled to be paid on November 30, 2020. The dividend yield based on the latest trading day closing price was 1.95 percent. Shareholders who purchased PKOH shares prior to the ex-dividend date are eligible for the cash dividend payment.

Dividends History
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Park-Ohio Holdings Corp. recently reported third quarter financial results on November 3, 2020, after market close, the Cleveland based company communicated income for the third quarter of $ 0.52 per share, from the revenue of $ 340.20 million. The quarterly earnings dropped 48.51 percent while revenues fell 15.67 percent compared with the same quarter last year. According to street consensus, revenue of $ 328.13 million was expected for the third quarter The top line results outshined analysts by $ 12.07 million or 3.68 percent.

Stock Performance

Shares of Park-Ohio Holdings Corp. traded low $ -1.67 or -6.12 percent on Wednesday, reaching $ 25.64 with volume of 51.90 thousand shares. Park-Ohio Holdings Corp. has traded high as $ 27.44 and has cracked $ 25.04 on the downward trend

The closing price of $ 25.64, representing a 153.34 % increase from the 52 week low of $ 10.78 and a 24.37 % decrease over the 52 week high of $ 36.11.

The company has a market capital of $ 323.47 million and is part of the Industrials sector and Industrial Distribution industry.

Park-Ohio Holdings Corp. provides supply chain management outsourcing services, capital equipment, and manufactured components in the United States, Europe, Asia, Mexico, Canada, and internationally. The companys Supply Technologies segment offers Total Supply Management solution, including engineering and design support, part usage and cost analysis, supplier selection, quality assurance, bar coding, product packaging and tracking, just-in-time and point-of-use delivery, electronic billing, and ongoing technical support services, as well as provides spare parts and aftermarket products; and production components, including valves, fuel hose assemblies, electro-mechanical hardware, labels, fittings, steering components, and other products.