Wall Street Loves This AI Stock That Grew Its Dividend 150% Last Year
The big Vertiv dividend hike last year is sure to attract the attention of income investors. Plus, it has shifted from a yearly to a quarterly payout.
Headquartered in Mayfield, OH Fiscal year ends December NASDAQ: PLPC plp.com
Preformed Line Products Company (PLP) designs and manufactures precision-engineered products that protect and secure critical connections in energy and communications networks. Its products serve the transmission and distribution markets for electric utilities as well as communications providers.
PLP reports through PLP-USA and international segments, including The Americas and Asia-Pacific. PLP-USA has recently driven most of the company's growth on strong domestic energy-market demand, and management emphasizes domestic U.S. manufacturing as a strategic advantage.
The company operates in 20 countries with more than 4,000 employees. It supplements organic growth with targeted acquisitions, most recently the May 2026 purchase of Delta Star Conetores Electricos Ltda, which expanded its presence in The Americas. PLP has been listed on Nasdaq for 25 years and pays a quarterly cash dividend. Updated
The big Vertiv dividend hike last year is sure to attract the attention of income investors. Plus, it has shifted from a yearly to a quarterly payout.
Preformed Line Products Company (PLP) designs and manufactures precision-engineered products that protect and secure critical connections in energy and communications networks. Its products serve the transmission and distribution markets for electric utilities as well as communications providers.
The Wall Street consensus 12-month price target for PLPC is $480.00.