ADTRAN (ADTN) Posts Q3 EPS of $0.50, Tops by 6c; Declares $0.09 Quarterly Dividend; 1% Yield

ADTRAN (Nasdaq: ADTN) reports Q3 EPS of $0.50, 6 cents better than the analyst estimate of $0.44. Revenue for the quarter was $162.96 million, which compares to the estimate of $155.93 million. The Company also announced that its Board of Directors declared a cash dividend for the third quarter of 2010. The quarterly cash dividend is $0.09 per common share, %0.36 annualized. The dividend is to be paid to holders of record at the close of business on October 28, 2010. The ex-dividend date is October 26, 2010 and the payment date is November 11, 2010. Yield on the dividend is 1.0%.... Read more

ADTN

Latest Price: $ 6.79

Dividend Yield (TTM): 0.00%

  • No dividends the last 12 months.
Source: Yahoo Finance. Stock prices and dividends can be delayed, cached or incomplete.
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