Mesa Laboratories keeps the dividend stable

The US group Mesa Laboratories Inc. (ISIN: US59064R1095, NASDAQ: MLAB) pays its investors a constant quarterly dividend of $0.16. The distribution will take place on March 15, 2023 (record date: February 28, 2023).

Annually, the company pays out $0.64. Based on the current market price of USD 172.21 (as of January 3, 2023), this corresponds to a current dividend yield of 0.37 percent.

Mesa Laboratories is a provider of quality control and analytical solutions for the pharmaceutical, healthcare and food industry. The group was founded in 1982 and is headquartered in Denver, Colorado. In the second quarter (September 30) of fiscal 2023, the Group had revenues of $58.75 million (prior year: $35.84 million) as reported on November 3, 2022. The bottom line was a profit of $1.31 million, up from a profit of $3.72 million the year before. The third quarter figures will be presented on February 6, 2023.

The stock is up 3.61 percent on Wall Street year-to-date on current year-to-date basis and the current market cap is $887.03 million (as of January 3, 2023).

Editorial team MyDividends.de

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