
Hurco Cos Inc (HURC)
Hurco Cos Inc (HURC) is a manufacturer of computer-controlled machining centers and software for the metal cutting industry. Founded in 1968, the company specializes in developing innovative CNC machine tools and control technology for industrial and manufacturing applications, primarily serving machine shops, OEMs, and other manufacturing sectors worldwide.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| April 12, 2024 | $0.16 | 2024-03-27 | 2024-03-29 |
| January 16, 2024 | $0.16 | 2023-12-29 | 2024-01-02 |
| October 16, 2023 | $0.16 | 2023-09-29 | 2023-10-02 |
| July 10, 2023 | $0.16 | 2023-06-23 | 2023-06-26 |
| April 10, 2023 | $0.16 | 2023-03-24 | 2023-03-27 |
Dividends Summary
- Hurco Cos Inc has issued 44 dividend payments over the past 11 years
- The most recent dividend was paid 560 days ago, on April 12, 2024
- The highest dividend payed out to investors during this period was $0.16 per share
- The average dividend paid during this period was $0.11 per share.
Company News
The U.S. CNC market is projected to grow from $12.16 billion in 2024 to $19.62 billion by 2034, driven by automotive production, reshoring efforts, and technological advancements in automation and robotics.
Discover why Zacks rates Hurco as "Underperform", being the first on Wall Street to initiate coverage on the stock. Explore HURC's reduced profitability and operational inefficiencies despite a strong balance sheet and innovation efforts.
Despite the challenges, Hurco Companies has the cash to weather the uncertainty. Read more to see my thoughts on HURC stock and my recommendation.