Houston Wire & Cable (HWCC) Posts Mixed Q3 Results; Declares $0.08 Quarterly Dividend; 2.7% Yield

Houston Wire & Cable (Nasdaq: HWCC) reports Q3 EPS of $0.13, versus the consensus of $0.16. Revenue for the quarter came in at $90.54 million, compared to the consensus of $84.65 million. Their Board also declared a cash dividend of $0.085 per Common share, $0.34 annualized. The dividend is payable November 26, 2010, to shareholders of record of Common Stock at the close of business on November 15, 2010. The ex-dividend date is November 11, 2010. Yield on the dividend is 2.7%... Read more

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