Logility Supply Chain Solutions, Inc. (NASDAQ:LGTY) Announces Dividend of $0.11

Logility Supply Chain Solutions, Inc. (NASDAQ:LGTY) declared a dividend on Saturday, February 1st,investing.com reports. Shareholders of record on Monday, February 10th will be paid a dividend of 0.11 per share on Friday, February 21st. This represents a dividend yield of 3.12%. The ex-dividend date of this dividend is Friday, February 7th.

Logility Supply Chain Solutions Price Performance

NASDAQ:LGTY opened at $14.12 on Friday. Logility Supply Chain Solutions has a 52 week low of $8.41 and a 52 week high of $14.19. The company’s 50-day simple moving average is $11.33. The firm has a market cap of $475.56 million, a PE ratio of 74.32 and a beta of 0.74.

Logility Supply Chain Solutions (NASDAQ:LGTY) last issued its quarterly earnings data on Thursday, November 21st. The company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.04 by $0.03. Logility Supply Chain Solutions had a return on equity of 7.03% and a net margin of 6.15%. As a group, equities research analysts expect that Logility Supply Chain Solutions will post 0.21 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have weighed in on LGTY. Maxim Group cut shares of Logility Supply Chain Solutions from a “buy” rating to a “hold” rating in a research report on Tuesday. B. Riley downgraded shares of Logility Supply Chain Solutions from a “buy” rating to a “neutral” rating in a research report on Monday, January 27th.

About Logility Supply Chain Solutions

Logility Supply Chain Solutions Inc is a provider of AI-first supply chain management solutions engineered to help organizations build sustainable digital supply chains. Logility Supply Chain Solutions Inc, formerly known as American Software Inc, is based in ATLANTA.