Intevac, Inc. (NASDAQ:IVAC) Announces $0.05 Special Dividend

Intevac, Inc. (NASDAQ:IVACGet Free Report) declared 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 Price Performance

IVAC remained flat at $4.03 during midday trading on Friday. 447,203 shares of the company’s stock traded hands, compared to its average volume of 393,780. Intevac has a 52-week low of $2.46 and a 52-week high of $4.42. The firm has a fifty day moving average price of $3.71 and a 200-day moving average price of $3.40. The company has a market capitalization of $109.49 million, a P/E ratio of -12.21 and a beta of 0.62.

Analyst Ratings Changes

Separately, StockNews.com started coverage on Intevac in a research report on Thursday. They issued a “sell” rating on the stock.

Read Our Latest Research Report on Intevac

Intevac Company Profile

(Get Free Report)

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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