Intevac, Inc. (NASDAQ:IVAC) to Issue — Dividend of $0.05

Intevac, Inc. (NASDAQ:IVAC) announced a — dividend on Wednesday, February 12th, NASDAQ Dividends reports. Investors of record on Friday, February 28th will be given a dividend of 0.05 per share by the electronics maker on Thursday, March 13th. The ex-dividend date is Friday, February 28th.

Intevac Stock Up 0.4 %

Shares of Intevac stock traded up $0.02 on Wednesday, hitting $4.06. The company’s stock had a trading volume of 221,505 shares, compared to its average volume of 365,460. The firm has a fifty day moving average price of $3.54 and a 200-day moving average price of $3.37. Intevac has a 52-week low of $2.46 and a 52-week high of $4.42. The company has a market capitalization of $110.17 million, a P/E ratio of -12.29 and a beta of 0.65.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. StockNews.com initiated coverage on Intevac in a research note on Tuesday. They set a “sell” rating on the stock. Benchmark restated a “hold” rating on shares of Intevac in a report on Tuesday, November 12th.

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.