INMARSAT PLC/ADR (IMASY) Plans $0.11 Semi-Annual Dividend

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INMARSAT PLC/ADR (OTCMKTS:IMASY) declared a Semi-Annual dividend on Wednesday, March 13th, Zacks reports. Stockholders of record on Tuesday, April 23rd will be paid a dividend of 0.106 per share by the technology company on Friday, June 14th. The ex-dividend date is Monday, April 22nd.

IMASY opened at $7.10 on Wednesday. INMARSAT PLC/ADR has a 12 month low of $4.55 and a 12 month high of $8.75. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.84 and a current ratio of 0.90.

Several equities research analysts recently commented on IMASY shares. Zacks Investment Research cut shares of INMARSAT PLC/ADR from a “hold” rating to a “sell” rating in a research report on Wednesday. ValuEngine cut shares of INMARSAT PLC/ADR from a “buy” rating to a “hold” rating in a research report on Saturday, January 5th.

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Inmarsat plc provides mobile satellite communications services on land, at sea, and in the air worldwide. The company operates through five segments: Maritime, U.S. Government, Global Government, Aviation, and Enterprise. It offers voice and data broadband services; global maritime distress and safety system services; mobile and fixed voice services; a portfolio of machine-to-machine services that provide two-way data connectivity for messaging, tracking, and monitoring of fixed or mobile assets; maritime satellite services, including very small aperture terminals and television receive only antenna services; and Global Xpress, a high-speed broadband service that offer seamless connectivity for advanced data services on land, at sea, and in the air.

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