Comtech Telecommunications Corp. (CMTL) reported recently that its Board of Directors reported a quarterly cash dividend of $0.10 per share, payable on February 14, 2020, to investors of record at the close of business on January 15, 2020. The dividend is the Companys thirty-eighth consecutive quarterly dividend. Future dividends stay based on compliance with financial covenants under the Companys secured credit facility as well as Board permission.
Comtech Telecommunications Corp. designs, develops, produces and markets innovative items, systems and services for innovative interactions solutions. The Company offers products to a varied customer base in the global commercial and federal government interactions markets.
On 20 Jan 2020, Comtech Telecommunications Corp. stock recognized modification of 43.38% away from 52-week low price and just recently located relocation of -20.97% off 52-week high rate. CMTL stock has been tape-recorded -16.56% away from 50 day moving average and 0.29% away from 200 day moving average.
The Technology sector company, Comtech Telecommunications Corp. noticed modification of -19.06% to $30.03 along volume of 1130695 shares in recent session compared to a typical volume of 168.67 K. CMTLs shares are at -9.00% for the quarter and driving a 20.26% return throughout the previous year and is now at -15.38% considering that this point in 2018. The average volatility for the week at 3.99% and for month was at 2.51%.