Barbara P Ruhlman recently revealed that they own 27.9% of Preformed Line Products Co. (NASDAQ:PLPC) in a Form 13D/A disclosure that was filed with the SEC on Thursday, October 13th. The investor owns 1,432,033 shares of the stock valued at approximately $61,104,848. The disclosure is available through EDGAR at this hyperlink.
Shares of Preformed Line Products Co. (NASDAQ:PLPC) traded down 2.67% on Thursday, hitting $42.67. The stock had a trading volume of 628 shares. Preformed Line Products Co. has a 52 week low of $31.59 and a 52 week high of $48.98. The company has a market capitalization of $220.13 million, a price-to-earnings ratio of 25.94 and a beta of 1.68. The company has a 50-day moving average of $43.47 and a 200 day moving average of $41.74.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 20th. Stockholders of record on Monday, October 3rd will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.87%. The ex-dividend date of this dividend is Thursday, September 29th. Preformed Line Products’s dividend payout ratio is 48.19%.
Preformed Line Products Company Profile
Preformed Line Products Company (PLPC) is a designer and manufacturer of products and systems employed in the construction and maintenance of overhead and underground networks for the energy, telecommunication, cable operators and information industries. The Company’s products include Formed Wire and Related Hardware Products, Protective Closures, Plastic Products and Other Products.