Daktronics(NASDAQ:DAKT) Declares Dividend of $0.0700.

Daktronics (NASDAQ:DAKT) had declared a cash dividend of $0.0700 on Sep 2, 2016. The shares will quote ex-dividend on Sep 8, 2016 and the record date has been fixed for Sep 12, 2016. On Sep 2, 2016 share price, the yield comes out to be 2.9258%. The dividend payable date has been fixed on Sep 23, 2016.

Daktronics (DAKT) made into the market gainers list on Thursdays trading session with the shares advancing 0.42% or 0.04 points. Due to strong positive momentum, the stock ended at $9.57, which is also near the day’s high of $9.6602. The stock began the session at $9.58 and the volume stood at 5,44,079 shares. The 52-week high of the shares is $10.28 and the 52 week low is $5.92. The company has a current market capitalization of $422 M and it has 4,40,93,054 shares in outstanding.

Daktronics(DAKT) last announced its earnings results on Aug 23, 2016 for Fiscal Year 2017 and Q1.Company reported revenue of $157.15M. Analysts had an estimated revenue of $146.75M. Earnings per share were $0.13. Analysts had estimated an EPS of $0.05.

Several Insider Transactions has been reported to the SEC. On Jul 5, 2016, Kevin Patrick Mcdermott (director) purchased 2,000 shares at $6.10 per share price.Also, On Jun 30, 2016, Reece A Kurtenbach (CEO) purchased 10,000 shares at $6.20 per share price.On Sep 10, 2015, John Patrick Friel (director) purchased 5,000 shares at $8.60 per share price, according to the Form-4 filing with the securities and exchange commission.

Daktronics Inc. (Daktronics) is a supplier of electronic scoreboards large electronic display systems digital messaging solutions software and services for sporting commercial and transportation applications. The Company operates in five segments: Commercial Live Events High School Park and Recreation Transportation and International. Commercial business segment consists of sales of its video display systems digital billboards Galaxy and Fuelight product lines. Its Live Events business segment consists of sales of integrated scoring and video display systems and sales of its mobile display technology. High School Park and Recreation business segment consists of sales of scoring systems Galaxy displays and video display systems. Its Transportation business segment consists of sales of its Vanguard and Galaxy product lines. Its International business unit consists of sales of all product lines outside the United States and Canada.

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