Autoscope declares quarterly dividend of $0.15 per share

Published 06/02/2025, 22:18
Autoscope declares quarterly dividend of $0.15 per share

MINNEAPOLIS - Autoscope Technologies Corporation (OTCQX: AATC), a provider of above-ground detection technology for transportation systems, has announced a quarterly dividend of $0.15 per share. The dividend is payable on February 25, 2025, to shareholders on record as of February 18, 2025. According to InvestingPro data, the company has maintained an impressive dividend growth track record, having raised its dividend for four consecutive years, with a current yield of 21.1%.

The company specializes in delivering solutions that enhance the safety and efficiency of urban and highway transportation networks. Its products offer real-time reaction capabilities and analytics to support Intelligent Transportation Systems (ITS) professionals in making informed decisions. The company maintains exceptional gross profit margins of 95% and holds more cash than debt on its balance sheet, according to InvestingPro analysis.

This dividend declaration follows Autoscope’s commitment to providing value to its shareholders and reflects the company’s financial performance. With a return on equity of 25% and a P/E ratio of 8.8, the company demonstrates strong profitability metrics. InvestingPro analysis suggests the stock is currently undervalued, with eight additional exclusive insights available to subscribers.

The press release also contains forward-looking statements regarding expectations for future events which are subject to risks and uncertainties. These statements are identified by terms such as "believes," "expects," "anticipates," and similar expressions. Autoscope acknowledges that actual results may differ from those projected due to various factors, including but not limited to government spending on transportation technology, product acceptance, budget constraints of purchasing entities, and market competition.

Autoscope Technologies Corporation has cautioned investors not to place undue reliance on these forward-looking statements, which are valid only as of the date they were made. The company does not commit to updating any forward-looking statements in light of new information or future events.

This announcement is based on a press release statement from Autoscope Technologies Corporation.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.