Strattec Security Corp. (NASDAQ:STRT) Plans $0.14 Quarterly Dividend

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Strattec Security Corp. (NASDAQ:STRT) declared a quarterly dividend on Tuesday, October 8th, Zacks reports. Shareholders of record on Friday, December 13th will be given a dividend of 0.14 per share by the auto parts company on Friday, December 27th. This represents a $0.56 dividend on an annualized basis and a yield of 2.97%. The ex-dividend date of this dividend is Thursday, December 12th.

Strattec Security has raised its dividend payment by an average of 3.8% per year over the last three years.

Shares of NASDAQ:STRT opened at $18.85 on Thursday. The company’s 50-day moving average is $20.35 and its 200 day moving average is $24.32. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.38 and a current ratio of 1.98. The company has a market capitalization of $75.33 million, a P/E ratio of 6.99 and a beta of 1.23. Strattec Security has a fifty-two week low of $18.51 and a fifty-two week high of $37.50.

Strattec Security (NASDAQ:STRT) last issued its quarterly earnings results on Thursday, August 8th. The auto parts company reported $0.73 earnings per share for the quarter. The company had revenue of $128.70 million for the quarter. Strattec Security had a negative net margin of 3.50% and a positive return on equity of 5.66%.

Separately, ValuEngine raised shares of Strattec Security from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd.

Strattec Security Company Profile

Strattec Security Corporation engages in the design, development, manufacture, and marketing of automotive access control products under the VAST brand primarily in the United States. The company offers mechanical locks and keys, electronically enhanced locks and keys, steering column and instrument panel ignition lock housings, latches, power sliding side door systems, power lift gate systems, power deck lid systems, door handles, and related products.

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Dividend History for Strattec Security (NASDAQ:STRT)

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