Starting November 21, 2017, Camtek Ltd. (NASDAQ:$CAMT) will begin trading ex-dividend, with a cash dividend payment of $0.28 per share scheduled to be paid on November 30, 2017. Those shareholders who purchased Camtek stock before the ex-dividend date are still eligible for the cash dividend payment. This represents a 2700% increase over prior dividend payments. With the current stock price at $6.43, the dividend yield is then 8.71%.
The previous trading day’s last sale for Camtek was $6.43. Based on the 52 week high of $7.96, this sale represents a -19.22% decrease, but there has been a 128.01% increase over the 52 week low of $2.82.
Camtek is a part of the Capital Goods sector, a sector which includes companies like TE Connectivity Ltd. (NYSE:$TEL) and Western Digital Corporation (NASDAQ:$WDC). Camtek’s current earnings per share is $.37, which indicates company profitability. Camtek’s forecasted earnings growth in 2017 is 123.53%, compared to the industry average of 5.6%, according to Zacks Investment Research.
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