Tessera Tech (TSRA) Begins $0.10 Quarterly Dividend, 2.4% Yield; Guides Q1 Sales Well Below the Street

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Tessera Technologies, Inc. (NASDAQ: TSRA) declared a quarterly dividend of $0.10 per share, or $0.4 annualized.

The dividend will be payable on June 14, 2012, to stockholders of record on May 24, 2012, with an ex-dividend date of May 22, 2012.

The annual yield on the dividend is 2.4 percent.

For a dividend history and other dividend-related data on Tessera Technologies, Inc. (TSRA) click here.

Sees Q1 sales of $46.5-$47.5 million, which compares to the Street estimate of $58.93 million.

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