PLPC Dividend 2024 – Preformed Line Products Company Declares a Dividend of $0.20

PLPC Dividend 2024 – Preformed Line Products Company declares a dividend of $0.20. The PLPC Dividend 2024 record date is 2 April 2024 and the ex-dividend date is 1 April 2024. Preformed Line Products Company has announced a generous interim dividend of $0.20 per equity share in a positive development for shareholders. The forward yield of the Preformed Line Products Company is 0.66%. This demonstrates the company’s commitment to rewarding its investors while maintaining balance for future growth. This news has been met with enthusiasm, and it will be interesting to see how it impacts the company’s stock price in the upcoming trading sessions.

Investors holding Preformed Line Products Company’s stocks will likely benefit from this announcement as they will receive the dividend payout. Preformed Line Products Company’s dividend announcement is expected to be well-received by its investors, as it indicates the company’s commitment to sharing its profits with its shareholders.

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About Preformed Line Products Company

Preformed Line Products Company, together with its subsidiaries, designs and manufactures products and systems that are used in the construction and maintenance of overhead, ground-mounted, and underground networks for energy, telecommunication, cable, data communication, and other industries.

Preformed Line Products Company was incorporated in 1947 and is headquartered in Mayfield Village, Ohio.

The market capitalization of Preformed Line Products Company is $597.79M. It belongs to the Industrial sector. The current Executive Chairman is Mr. Robert G. Ruhlman.

The company offers optical ground wire products to support, protect, terminate, and splice transmission and distribution lines, as well as bolted, welded, and compressed connectors for substations; and string hardware products, polymer insulators, wildlife protection, substation fittings, and motion control devices.

PLPC Share Price

Preformed Line Products Company’s total revenue in Q1 FY2023 was $181.8M, in Q2 FY2023 $181.8M, in Q3 FY2023 $160.4M, and in Q4 FY2023 $145.6M.

Preformed Line Products Company’s net income in Q1 FY2023 was $21.4M, in Q2 FY2023 $20.5M, in Q3 FY2023 $15.1M, and in Q4 FY2023 $6.3M.

Read More – EGY Dividend 2024 – Vaalco Energy Declares a Dividend of $0.0625

PLPC Dividend 2024 Record Date – PLPC Dividend History

Dividend TypeAmountEx-Date
Regular$0.20009/29/2023
Regular$0.20006/30/2023
Regular$0.20003/31/2023
Regular$0.20001/5/2023
Regular$0.20009/30/2022
Dividend History

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PLPC SHARE PRICE TARGET 2024

The US share market is at its peak and most of the US stocks like Preformed Line Products Company have experienced a bull run in 2023. In 2024, the bullish sentiment of the market will likely stay. As per data, the minimum share price target in 2024 for PLPC is expected to be $122.00 and the maximum price target for 2024 will be $144.00. With market conditions, the price target of Preformed Line Products Company may vary.

PLPC SHARE PRICE TARGET 2030

The US share market is at its peak and most of the US stocks like Preformed Line Products Company have experienced a bull run in 2023. In 2024, the bullish sentiment of the market will likely stay. As per data, the minimum share price target in 2024 for PLPC is expected to be $200.00 and the maximum price target for 2024 will be $220.00. With market conditions, the price target of Preformed Line Products Company may vary.

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