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 (PLPC) designs, manufactures, and sells precision-engineered products used to protect and connect critical energy and communications infrastructure worldwide. The company's products serve electric utilities, telecommunications providers, cable operators, and related industries, including hardware for overhead and underground power transmission and distribution, fiber optic and copper communications networks, and substation applications. PLP operates in 20 countries with a significant U.S. manufacturing footprint and reports through PLP-USA and multiple international segments including the Americas, EMEA, and Asia-Pacific. The company recently expanded its substation business through the acquisition of Delta Star in Brazil. 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 (PLPC) designs, manufactures, and sells precision-engineered products used to protect and connect critical energy and communications infrastructure worldwide.
The Wall Street consensus 12-month price target for PLPC is $480.00.