P & F Industries, Inc. (PFIN) Announces Quarterly Dividend of $0.05

P & F Industries, Inc. (NASDAQ:PFIN) announced a quarterly dividend on Thursday, November 8th, NASDAQ reports. Stockholders of record on Monday, November 19th will be paid a dividend of 0.05 per share on Monday, November 26th. This represents a $0.20 annualized dividend and a dividend yield of 2.44%. The ex-dividend date is Friday, November 16th.

Shares of NASDAQ PFIN remained flat at $$8.18 during trading on Friday. 1,482 shares of the stock traded hands, compared to its average volume of 3,606. P & F Industries has a 1-year low of $7.15 and a 1-year high of $8.88. The firm has a market capitalization of $27.94 million, a price-to-earnings ratio of 188.75 and a beta of -0.10.

P & F Industries (NASDAQ:PFIN) last announced its earnings results on Thursday, August 9th. The company reported $0.08 earnings per share (EPS) for the quarter. P & F Industries had a negative net margin of 0.76% and a positive return on equity of 0.35%. The business had revenue of $16.19 million for the quarter.

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About P & F Industries

P&F Industries, Inc, through its subsidiaries, manufactures, imports, and sells air-powered tools and accessories primarily to the retail, industrial, and automotive markets in the United States and internationally. The company designs, imports, and sells pneumatic hand tools, including sanders, grinders, drills, saws, and impact wrenches under the Florida Pneumatic, Universal Tool, AIRCAT, and NITROCAT names through in-house sales personnel and manufacturers' representatives to retailers, distributors, and private label customers.

Further Reading: What is an Initial Public Offering (IPO)?

Dividend History for P & F Industries (NASDAQ:PFIN)

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