Wi-LAN Inc (WIN) To Go Ex-Dividend on June 13th

Wi-LAN Inc (TSE:WIN) (NASDAQ:WILN) announced a quarterly dividend on Tuesday, June 13th, TickerTech reports. Stockholders of record on Wednesday, July 5th will be given a dividend of 0.0125 per share on Wednesday, July 5th. This represents a $0.05 annualized dividend and a dividend yield of 2.66%. The ex-dividend date is Tuesday, June 13th.

Wi-LAN (TSE:WIN) traded down 1.05% during mid-day trading on Monday, hitting $1.88. The stock had a trading volume of 204,249 shares. Wi-LAN has a 52 week low of $1.71 and a 52 week high of $3.85. The firm’s market cap is $222.92 million. The company’s 50 day moving average price is $2.29 and its 200 day moving average price is $2.25.

Dividend History for Wi-LAN (TSE:WIN)

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In other news, insider John Varghese acquired 35,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 11th. The shares were bought at an average cost of C$2.10 per share, with a total value of C$73,500.00. Over the last three months, insiders have purchased 45,000 shares of company stock worth $94,260.

Separately, CIBC reissued an “outperform” rating and set a C$3.50 price objective on shares of Wi-LAN in a report on Monday, May 15th.

Wi-LAN Company Profile

Quarterhill Inc, formerly Wi-LAN Inc, is a Canada-based investment holding company focused on growing its business by acquiring technology companies in the Industrial Internet of Things (IIoT) across multiple verticals. The Company targets companies with a broad range of products and services that capture, analyze and interpret data, and that have financial performance, management teams, intellectual property underpinnings and opportunities to develop long-term recurring and growing revenue streams.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “TSX:WIN”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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