Is Analogic a good dividend stock?

Analogic (NASDAQ:ALOG) pays an annual dividend of $0.40 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 8.60%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for ALOG. What other stocks do shareholders of Analogic own?

What is Analogic Corporation?

Analogic Corporation designs, manufactures, and sells medical imaging systems, ultrasound and security systems, and subsystems to original equipment manufacturers (OEMs) and end users primarily for the medical and airport security markets worldwide. It operates in three segments: Medical Imaging, Ultrasound, and Security and Detection.

What is Analogic known for?

Founded in 1967, Analogic is known worldwide for continuing invention and innovation in computed tomography (CT). Analogic’s fiscal year 2009 revenues were 396 million (USD). Analogic’s advanced imaging technology, using volumetric CT, allows aviation security officers to detect threats quickly, intelligently, and unobtrusively.