CTS Corporation Announces Quarterly Dividend of $0.04 (NYSE:CTS)

Posted by on Sep 23rd, 2026

CTS Corporation (NYSE:CTS – Get Free Report) declared a quarterly dividend on Wednesday, August 12th. Stockholders of record on Friday, September 25th will be given a dividend of 0.04 per share by the electronics maker on Friday, October 23rd. This represents a c) annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Friday, September 25th.

CTS has a dividend payout ratio of 6.6% meaning its dividend is sufficiently covered by earnings. Research analysts expect CTS to earn $2.90 per share next year, which means the company should continue to be able to cover its $0.16 annual dividend with an expected future payout ratio of 5.5%.

CTS Stock Performance

Shares of CTS stock opened at $59.02 on Wednesday. The company has a market capitalization of $1.69 billion, a price-to-earnings ratio of 24.80, a price-to-earnings-growth ratio of 1.38 and a beta of 1.03. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.07 and a current ratio of 2.61. CTS has a one year low of $36.03 and a one year high of $69.55. The company’s 50-day moving average is $59.91 and its 200 day moving average is $58.38.

CTS (NYSE:CTS – Get Free Report) last issued its earnings results on Tuesday, July 28th. The electronics maker reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.13. The firm had revenue of $144.78 million for the quarter, compared to the consensus estimate of $143.43 million. CTS had a net margin of 12.37% and a return on equity of 13.48%. During the same quarter in the prior year, the firm posted $0.62 earnings per share. CTS has set its FY 2026 guidance at 2.550-2.700 EPS. Sell-side analysts expect that CTS will post 2.66 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have commented on the stock. Zacks Research cut shares of CTS from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Lake Street Capital started coverage on CTS in a research note on Wednesday, September 2nd. They issued a “buy” rating and a $67.00 price objective on the stock. Wall Street Zen downgraded CTS from a “buy” rating to a “hold” rating in a research report on Saturday. Weiss Ratings cut CTS from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, August 25th. Finally, Barrington Research began coverage on CTS in a research note on Thursday, September 10th. They set an “outperform” rating and a $80.00 price target for the company. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $73.50.

Read Our Latest Analysis on CTS

CTS Company Profile

(Get Free Report)

CTS Corporation (NYSE: CTS) designs and manufactures sensors, actuators, electronic components and assemblies used in a range of industrial and commercial applications. Its products include pressure, temperature and position sensors; piezoelectric and other actuators; switches; electronic controls; frequency-control products; and custom-engineered assemblies.

The company serves customers in the transportation, aerospace and defense, industrial, medical and communications markets. CTS products are used in applications such as vehicle systems, industrial automation, medical equipment, aerospace systems and other products that require sensing, control, switching or electronic connectivity.

CTS traces its history to 1896, when it was established as Chicago Telephone Supply.

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Dividend History for CTS (NYSE:CTS)

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