Invacare Corporation (NYSE:IVC) had declared a cash dividend of $0.0125 on Nov 17, 2016. The shares will quote ex-dividend on Dec 30, 2016 and the record date has been fixed for Jan 4, 2017. On Nov 17, 2016 share price, the yield comes out to be 0.4219%. The dividend payable date has been fixed on Jan 13, 2017.
Invacare Corporation (IVC) made into the market gainers list on Mondays trading session with the shares advancing 0.85% or 0.1 points. Due to strong positive momentum, the stock ended at $11.9, which is also near the day’s high of $12.1. The stock began the session at $11.9 and the volume stood at 2,05,622 shares. The 52-week high of the shares is $20.41 and the 52 week low is $8. The company has a current market capitalization of $386 M and it has 3,24,54,824 shares in outstanding.
Invacare Corporation(IVC) last announced its earnings results on Oct 31, 2016 for Fiscal Year 2016 and Q3.Company reported revenue of $268.14M. Analysts had an estimated revenue of $271.47M. Earnings per share were $-0.37. The reported EPS was above estimates by $0.16 or NaN%. Analysts had estimated an EPS of $-0.21.
Several Insider Transactions has been reported to the SEC. On Nov 3, 2016, Baiju R. Shah (director) purchased 1,000 shares at $9.04 per share price.Also, On Nov 3, 2016, Matthew E. Monaghan (CEO) purchased 11,000 shares at $9.00 per share price.On Aug 8, 2016, C Martin Harris (director) sold 475 shares at $11.49 per share price, according to the Form-4 filing with the securities and exchange commission.
Invacare Corporation is a manufacturer and distributor for medical equipment used in the home and long-term care settings based upon its distribution channels breadth of product line and net sales. The Company designs manufactures and distributes health care products for the non-acute care environment including the home health care and extended care markets. It operates in North America Asia/Pacific and Europe and includes North America/Home Medical Equipment with Mobility and Seating Lifestyle and Respiratory Therapy product lines and Institutional Products Group segments in the United States and Canada. The Company sells its products to home health care and medical equipment providers distributors and government locations in the United States Europe Canada New Zealand Australia and Asia. Its products are sold through its sales force telesales associates and independent manufacturers representatives and distributors across the world.