Preformed Line Products raises dividend by5% to $0.21
Seeking Alpha News (Thu, 11-Dec 11:37 PM ET)
Preformed Line Products Increases Quarterly Dividend by 5%
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PREFORMED LINE PRODUCTS ANNOUNCES QUARTERLY DIVIDEND
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Preformed Line Products Co is a designer and manufacturer of products and systems for constructing and maintaining overhead and underground networks for energy, telecommunication, cable operators, data communication, and other industries. In addition, it provides solar hardware systems and mounting hardware for a variety of solar power applications. Its products consist of Energy Products, Communications Products, and Special Industries Products. The company's majority of the revenue is derived from the sale of products in The Americas with operations also in PLP-USA, Europe, the Middle East and Africa, and Asia-Pacific. The revenue gets driven by Energy products which comprise protecting transmission conductors, spacers, spacer-dampers, and Stockbridge dampers.
Preformed Line Products Company trades on the NASDAQ stock market under the symbol PLPC.
As of December 12, 2025, PLPC stock price climbed to $231.77 with 81,781 million shares trading.
PLPC has a beta of 0.69, meaning it tends to be less sensitive to market movements. PLPC has a correlation of 0.08 to the broad based SPY ETF.
PLPC has a market cap of $1.14 billion. This is considered a Small Cap stock.
In the last 3 years, PLPC traded as high as $245.99 and as low as $78.53.
The top ETF exchange traded funds that PLPC belongs to (by Net Assets): PAVE, VTI, AVUV, IWM, PBW.
PLPC has outperformed the market in the last year with a price return of +75.9% while the SPY ETF gained +14.0%. PLPC has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +16.7% and +12.9%, respectively, while the SPY returned +4.0% and -0.2%, respectively.
PLPC support price is $223.44 and resistance is $239.57 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PLPC shares will trade within this expected range on the day.