PC Tel Inc(PCTI) Declares Dividend of $0.0500.

PC Tel Inc (PCTI) had declared a cash dividend of $0.0500 on Jan 27, 2017. The shares will quote ex-dividend on Feb 6, 2017 and the record date has been fixed for Feb 8, 2017. Based on Feb 6, 2017 share price, the yield comes out to be 3.4%. The dividend payable date has been fixed on Feb 15, 2017.

PC Tel Inc (PCTI) made into the market gainers list on Tuesdays trading session with the shares advancing 0.35% or 0.02 points. Due to strong positive momentum, the stock ended at $5.66, which is also near the day’s high of $5.69. The stock began the session at $5.683 and the volume stood at 21,793 shares. The 52-week high of the shares is $6.22 and the 52 week low is $4.36. The company has a current market capitalization of $98 M and it has 1,73,39,314 shares in outstanding.

PC Tel Inc(PCTI) last announced its earnings results on Oct 27, 2016 for Fiscal Year 2016 and Q3.Company reported revenue of $24.69M. Analysts had an estimated revenue of $24.35M. Earnings per share were $0.07. The reported EPS was above estimates by $0.01 or NaN%. Analysts had estimated an EPS of $0.08.

Several Insider Transactions has been reported to the SEC. On Dec 13, 2016, Martin H Singer (Chairman & CEO) sold 13,598 shares at $5.00 per share price.Also, On Jun 4, 2015, Jeffrey A Miller (Sr VP, Global Sales CS) sold 9,000 shares at $7.36 per share price.On Mar 5, 2015, David A Neumann (Vice President, GM) purchased 2,000 shares at $8.51 per share price, according to the Form-4 filing with the securities and exchange commission.

PCTEL Inc. (PCTEL) delivers performance critical telecom solutions. PCTEL RF Solutions develops and provides test equipment software and engineering services for wireless networks. The Company operates in two segments: Connected Solutions and RF Solutions. The Connected Solutions segment designs and delivers performance critical antennas and site solutions for wireless networks globally. The RF Solutions segment develops and provides performance critical test equipment software and engineering services for wireless networks. Its antennas support wireless standards for cellular private and broadband networks. PCTEL antennas and site solutions support networks worldwide including SCADA for oil gas and utilities fleet management industrial operations healthcare small cell and network timing deployment defense public safety education and broadband access.

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