Techtronic Industries Company Limited (OTCMKTS:TTNDY) to Issue Dividend Increase – $0.74 Per Share

Techtronic Industries Company Limited (OTCMKTS:TTNDY) declared a dividend on Friday, May 16th, investing.com reports. Investors of record on Monday, May 19th will be paid a dividend of 0.7402 per share on Monday, July 7th. This represents a yield of 2.37%. The ex-dividend date of this dividend is Friday, May 16th. This is a 10.0% increase from Techtronic Industries’s previous dividend of $0.67.

Techtronic Industries Trading Down 1.4%

Shares of OTCMKTS:TTNDY opened at $59.47 on Friday. The company has a current ratio of 1.54, a quick ratio of 0.76 and a debt-to-equity ratio of 0.26. Techtronic Industries has a 1 year low of $44.44 and a 1 year high of $78.85. The business’s 50 day moving average price is $54.71 and its 200-day moving average price is $63.43.

Techtronic Industries Company Profile

Techtronic Industries Company Limited engages in the design, manufacture, and marketing of power tools, outdoor power equipment, and floorcare and cleaning products in the North America, Europe, and internationally. The company operates through Power Equipment, and Floorcare & Cleaning Segments. It offers power tools, power tool accessories, outdoor products, and outdoor product accessories under the MILWAUKEE, EMPIRE, AEG, RYOBI, HOMELITE, and HART brands, as well as to original equipment manufacturer (OEM) customers.