Daktronics, Inc. (DAKT) Declares $0.50 Special Dividend; 4.9% Yield

Daktronics, Inc. (NASDAQ: DAKT) declared a special dividend of $0.50 per share.

The dividend will be payable on December 20, 2012, to stockholders of record on December 10, 2012.

The annual yield on the dividend is 4.9 percent.

"Given our cash and marketable securities position of more than $79 million as of the end of the second quarter of fiscal 2013 and our belief that we will continue to generate and increase free cash flow from the business over the long-term, we felt that it was again appropriate to not only declare a semi-annual dividend, but also a special dividend," said Jim Morgan, president and chief executive officer.

For a dividend history and other dividend-related data on Daktronics, Inc. (DAKT) click here.

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