NI Declares Quarterly Dividend

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National Instruments (NATI) Declares $0.19 Quarterly Dividend; 2.7% Yield

October 27, 2015 4:25 PM EDT

National Instruments (NASDAQ: NATI) declared a quarterly dividend of $0.19 per share, or $0.76 annualized.

The dividend will be payable on November 30, 2015, to stockholders of record on November 9, 2015, with an ex-dividend date of November 5, 2015.

The annual yield on the dividend is 2.7 percent.

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National Instruments (NATI) Tops Q3 EPS by 5c; Announces Acquisition of Micropross

October 27, 2015 4:24 PM EDT

National Instruments (NASDAQ: NATI) reported Q3 EPS of $0.24, $0.05 better than the analyst estimate of $0.19. Revenue for the quarter came in at $300 million versus the consensus estimate of $304.2 million.

NATI also announced its acquisition of Micropross, a company based near Lille, France, a technology innovator and leading supplier of test systems for Near Field Communications (NFC), smart cards, and wireless charging test systems. Micropross will continue to operate as a wholly owned NI subsidiary under the leadership of the existing management team.

As more and more consumer and IoT devices incorporate capabilities such as mobile... More