Taitron Components Incorporated (NASDAQ:TAIT – Get Free Report) declared a quarterly dividend on Friday, July 31st. Investors of record on Friday, August 14th will be given a dividend of 0.04 per share on Friday, August 28th. This represents a c) dividend on an annualized basis and a yield of 8.2%. The ex-dividend date is Friday, August 14th. This is a 14.3% increase from Taitron Components’s previous quarterly dividend of $0.04.
Taitron Components has increased its dividend payment by an average of 0.0%per year over the last three years.
Taitron Components Price Performance
NASDAQ:TAIT remained flat at $1.96 during mid-day trading on Wednesday. The company had a trading volume of 5,132 shares, compared to its average volume of 13,185. The stock has a market cap of $11.80 million, a P/E ratio of -12.25 and a beta of 0.50. Taitron Components has a fifty-two week low of $0.95 and a fifty-two week high of $5.10. The business has a fifty day simple moving average of $1.67 and a 200 day simple moving average of $1.62.
About Taitron Components
Taitron Components, Inc is a distributor of electronic components serving original equipment manufacturers (OEMs) and contract manufacturers. The company offers a broad range of passive, active and electromechanical components, including capacitors, resistors, inductors, connectors and circuit protection devices, as well as semiconductors, diodes, transistors and optoelectronic products.
In addition to its standard distribution services, Taitron provides value-added offerings such as inventory management, consignment programs, kitting, testing and drop-ship services.
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