Hardinge(NASDAQ:HDNG) Declares Dividend of $0.0200.

Hardinge (NASDAQ:HDNG) had declared a cash dividend of $0.0200 on Aug 3, 2016. The shares will quote ex-dividend on Aug 29, 2016 and the record date has been fixed for Aug 31, 2016. On Aug 3, 2016 share price, the yield comes out to be 0.7874%. The dividend payable date has been fixed on Sep 9, 2016.

Hardinge (HDNG) made into the market gainers list on Fridays trading session with the shares advancing 0.33% or 0.04 points. Due to strong positive momentum, the stock ended at $12, which is also near the day’s high of $12.1. The stock began the session at $12.05 and the volume stood at 33,912 shares. The 52-week high of the shares is $13.72 and the 52 week low is $7.85. The company has a current market capitalization of $155 M and it has 1,28,84,677 shares in outstanding.

Hardinge(HDNG) last announced its earnings results on May 10, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $67.82M. Analysts had an estimated revenue of $68.00M. Earnings per share were $-0.03. Analysts had estimated an EPS of $-0.01.

Several Insider Transactions has been reported to the SEC. On Jun 15, 2016, Robert J. Lepofsky (director) sold 20,867 shares at $9.59 per share price.Also, On May 27, 2016, Douglas C Tifft (Sr. Vice President – Admin.) sold 7,800 shares at $10.98 per share price.On May 24, 2016, Edward J Gaio (Corporate Controller) sold 3,268 shares at $10.58 per share price, according to the Form-4 filing with the securities and exchange commission.

Hardinge Inc. (Hardinge) is a designer manufacturer and distributor of machine tools specializing in precision computer numerically controlled metal-cutting machines. The Company supplies high precision computer controlled metal-cutting turning machines grinding machines vertical machining centers and accessories related to those machines. The Company’s operating segments include Metalcutting Machine Solutions (MMS) which consists of high precision computer controlled metalcutting turning machines vertical machining centers horizontal machining centers grinding machines and repair parts related to those machines and The Aftermarket Tooling and Accessories (ATA) which includes products primarily collets and chucks that are purchased by manufacturers throughout the lives of their Hardinge or other branded machines. It has manufacturing facilities located in China Switzerland Taiwan the United Kingdom and the United States.

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