Primus Telecommunications Group (NASDAQ:PTGI) declared a special dividend on Wednesday, August 7th, AnalystRatingsNetwork.com reports. Shareholders of record on Tuesday, August 20th will be given a dividend of $8.50 per share on Tuesday, August 27th.
On a related note, analysts at Drexel Hamilton downgraded shares of Primus Telecommunications Group to a “hold” rating in a research note to investors on Tuesday, May 14th.
Primus Telecommunications Group (NASDAQ:PTGI) opened at 12.05 on Wednesday. Primus Telecommunications Group has a 52-week low of $9.85 and a 52-week high of $16.40. The stock’s 50-day moving average is currently $12.00. The company has a market cap of $168.1 million and a price-to-earnings ratio of 5.31.