Why Did Preformed Line Products Co. (PLPC) Soar 14.15% on Dividend News?

On June 19, 2025, Preformed Line Products Co. (NASDAQ: PLPC) surged 14.15% in pre-market trading, marking a significant rise in its stock price.

Preformed Line Products Co. recently announced a dividend of $0.2000 per share on June 18, 2025. This dividend declaration follows a similar announcement made on March 19, 2025, indicating a consistent dividend policy by the company. The company's stock price also saw a notable increase of over 10% on March 15, 2025, rising from $123.50 to $144.35. These developments suggest a positive outlook for the company, which could be contributing to the recent surge in its stock price.