Intevac, Inc. (NASDAQ:IVAC – Get Free Report) announced a special dividend on Friday, March 14th, RTT News reports. Investors of record on Monday, March 24th will be given a dividend of 0.052 per share by the electronics maker on Friday, March 28th.
Intevac Stock Performance
Intevac stock opened at $4.03 on Friday. Intevac has a 1 year low of $2.46 and a 1 year high of $4.42. The firm has a 50 day moving average price of $3.72 and a 200 day moving average price of $3.40. The company has a market cap of $109.49 million, a price-to-earnings ratio of -12.21 and a beta of 0.62.
Analyst Ratings Changes
Separately, StockNews.com initiated coverage on shares of Intevac in a report on Thursday. They issued a “sell” rating for the company.
Intevac Company Profile
Intevac, Inc, together with its subsidiaries, engages in the designing, developing, and manufacturing thin-film processing systems in the United States, Europe, and Asia. It designs, develops, and markets vacuum process equipment solutions for manufacturing small substrates with precise thin-film properties, such as hard disk drive, advanced coatings, and other adjacent thin-film markets.
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