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

Intevac, Inc. (NASDAQ:IVACGet Free Report) declared a special dividend on Friday, March 14th, RTT News reports. Shareholders 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 Stock Performance

IVAC remained flat at $4.03 on Friday. The company had a trading volume of 447,203 shares, compared to its average volume of 393,780. The company has a market capitalization of $109.49 million, a PE ratio of -12.21 and a beta of 0.62. The stock’s fifty day simple moving average is $3.71 and its two-hundred day simple moving average is $3.40. Intevac has a 12-month low of $2.46 and a 12-month high of $4.42.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on shares of Intevac in a research note on Thursday. They issued a “sell” rating on the stock.

Read Our Latest Research Report on Intevac

Intevac Company Profile

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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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