SATA Technology Co., Ltd. (NASDAQ:SATA) Plans Dividend of $0.06

SATA Technology Co., Ltd. (NASDAQ:SATA – Get Free Report) declared a dividend on Thursday, October 15th. Investors of record on Friday, November 27th will be paid a dividend of $0.0571 per share on Monday, November 30th. The ex-dividend date is Friday, November 27th. This is a 10.7% increase from SATA Technology’s previous dividend of $0.0516.

SATA Technology Stock Performance

Shares of SATA opened at $97.85 on Friday. SATA Technology has a 1-year low of $79.01 and a 1-year high of $101.35. The stock’s fifty day moving average price is $99.77.

Insider Transactions at SATA Technology

In other news, CFO Benjamin Pham sold 4,209 shares of the business’s stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $31.33, for a total transaction of $131,867.97. Following the transaction, the chief financial officer directly owned 17,365 shares in the company, valued at $544,045.45. The trade was a 19.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Brian Logan Beirne sold 20,077 shares of the business’s stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $31.33, for a total transaction of $629,012.41. Following the transaction, the insider owned 41,425 shares in the company, valued at $1,297,845.25. This represents a 32.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 42,620 shares of company stock valued at $1,325,038.

See Also

Dividend History for SATA Technology (NASDAQ:SATA)

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