Sify (SIFY) Declares Dividend of $0.02

Sify (NASDAQ:SIFY) announced a dividend on Tuesday, May 15th, Fidelity reports. Stockholders of record on Friday, May 25th will be paid a dividend of 0.0177 per share by the technology company on Wednesday, May 23rd. The ex-dividend date is Wednesday, May 23rd.

Shares of Sify stock opened at $2.05 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.03 and a current ratio of 1.12. Sify has a fifty-two week low of $1.93 and a fifty-two week high of $1.95.

Separately, BidaskClub downgraded shares of Sify from a “buy” rating to a “hold” rating in a report on Tuesday, February 27th.

About Sify

Sify Technologies Limited provides integrated information and communications technology solutions and services in India and internationally. The company's Telecom Services segment offers Internet protocol based virtual private network services, including intranets, extranets, and remote access applications; and last mile connectivity services.

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