Dividend Reporting: TESSCO Technologies Incorporated (NASDAQ:TESS) expected to pay $0.20 on Nov 23, 2016

Dividend Reporting:   TESSCO Technologies Incorporated (NASDAQ:TESS) expected to pay $0.20 on Nov 23, 2016

TESSCO Technologies Incorporated (NASDAQ:TESS) is expected to pay $0.20 on Nov 23, 2016. The indicated annual dividend is $0.80. Shareholders owning the stock before Nov 7, 2016 will be eligible to receive the payout. Based on TESSCO Technologies Incorporated’s current price of $10.80, the dividend is 1.85%. This dividend’s record date is Nov 9, 2016 and the announcement date is Oct 28, 2016. The stock decreased 2.70% or $0.3 on November 4, hitting $10.8. About 10,101 shares traded hands or 71.93% up from the average. TESSCO Technologies, Inc. (NASDAQ:TESS) has declined 36.21% since April 5, 2016 and is downtrending. It has underperformed by 38.16% the S&P500.

TESSCO Technologies Incorporated architects and delivers the product and value chain solutions to organizations responsible for building, operating, maintaining and reselling cellular, mobile communications, wireless-fidelity , machine-to-machine, Internet of Things and wireless backhaul systems. The company has a market cap of $85.89 million. The Firm provides marketing and sales services, knowledge and supply chain management, product-solution delivery and control systems utilizing Internet and information technology. It has a 24.09 P/E ratio.

Insitutional Activity: The institutional sentiment increased to 1.05 in Q2 2016. Its up 0.25, from 0.8 in 2016Q1. The ratio increased, as 8 funds sold all TESSCO Technologies, Inc. shares owned while 12 reduced positions. 2 funds bought stakes while 19 increased positions. They now own 4.90 million shares or 1.34% less from 4.97 million shares in 2016Q1.
Northern has 69,301 shares for 0% of their US portfolio. Walleye Trading Lc, a Minnesota-based fund reported 3,601 shares. Royal Bank & Trust Of Canada has 0.01% invested in the company for 1.03 million shares. Deutsche Commercial Bank Ag owns 31,046 shares or 0% of their US portfolio. Wedge Mgmt L L P Nc last reported 0.01% of its portfolio in the stock. California Employees Retirement Systems holds 52,775 shares or 0% of its portfolio. Manufacturers Life Ins The owns 71 shares or 0% of their US portfolio. Blackrock Investment Management Ltd holds 0% of its portfolio in TESSCO Technologies, Inc. (NASDAQ:TESS) for 1,019 shares. Gsa Prns Llp accumulated 0.04% or 54,256 shares. Comml Bank Of America Corporation De holds 0% of its portfolio in TESSCO Technologies, Inc. (NASDAQ:TESS) for 737 shares. Bridgeway Cap Mngmt Incorporated holds 0.01% or 51,200 shares in its portfolio. Mufg Americas has 350 shares for 0% of their US portfolio. Fmr Ltd Liability accumulated 0% or 563,827 shares. Dimensional Fund Advsrs Lp holds 448,567 shares or 0% of its portfolio. Thompson Davis And Inc reported 250 shares or 0% of all its holdings.

More recent TESSCO Technologies, Inc. (NASDAQ:TESS) news were published by: Quotes.Wsj.com which released: “News Tessco Technologies Inc.TESS” on February 12, 2011. Also Bizjournals.com published the news titled: “Tessco Technologies names new CEO” on September 01, 2016. Businesswire.com‘s news article titled: “TESSCO Technologies Announces Senior Vice President Election” with publication date: August 17, 2015 was also an interesting one.

TESS Company Profile

TESSCO Technologies Incorporated (TESSCO), incorporated on December 11, 1986, architects and delivers the product and value chain solutions to organizations responsible for building, operating, maintaining and reselling cellular, mobile communications, wireless-fidelity (Wi-Fi), machine-to-machine, Internet of Things and wireless backhaul systems. The Firm provides marketing and sales services, knowledge and supply chain management, product-solution delivery and control systems utilizing Internet and information technology.

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