Intevac, Inc. (NASDAQ:IVAC) to Issue — Dividend of $0.05

Intevac, Inc. (NASDAQ:IVAC) announced a — dividend on Wednesday, February 12th, NASDAQ Dividends reports. Stockholders of record on Friday, February 28th will be paid a dividend of 0.05 per share by the electronics maker on Thursday, March 13th. The ex-dividend date is Friday, February 28th.

Intevac Stock Up 0.4 %

Shares of NASDAQ:IVAC traded up $0.02 during trading on Wednesday, hitting $4.06. 221,505 shares of the stock traded hands, compared to its average volume of 365,460. Intevac has a 52-week low of $2.46 and a 52-week high of $4.42. The company has a market cap of $110.17 million, a price-to-earnings ratio of -12.29 and a beta of 0.65. The company has a fifty day moving average price of $3.54 and a two-hundred day moving average price of $3.37.

Analysts Set New Price Targets

Several research firms have recently commented on IVAC. StockNews.com began coverage on shares of Intevac in a research note on Tuesday. They issued a “sell” rating for the company. Benchmark reissued a “hold” rating on shares of Intevac in a report on Tuesday, November 12th.

About Intevac

Intevac, Inc, together with its subsidiaries, engages in the designing, developing, and manufacturing thin-film processing systems in the United States, Europe, and Asia. It designs, develops, and markets vacuum process equipment solutions for manufacturing small substrates with precise thin-film properties, such as hard disk drive, advanced coatings, and other adjacent thin-film markets.