TransAct Technologies Declares Quarterly Cash Dividend of $0.08 Per Share
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HAMDEN, Conn.--(BUSINESS WIRE)-- TransAct Technologies Incorporated (Nasdaq: TACT), a global leader in software-driven technology and printing solutions for high-growth markets, announced today that its Board of Directors has declared a quarterly cash dividend of $0.08 per share. The dividend will be payable on September 15, 2016, to shareholders of record at the close of business on August 19, 2016. On an annualized basis, the quarterly dividend represents an annual yield of 4.2% based on the $7.66 per share closing price of the Company's stock on July 29, 2016.
About TransAct Technologies Incorporated
TransAct Technologies Incorporated is a global leader in developing software-driven technology and printing solutions for high-growth markets including food safety, POS automation, casino and gaming, lottery, mobile and oil and gas. The Company’s solutions are designed from the ground up based on customer requirements and are sold under the AccuDate™, EPICENTRAL®, Epic®, Ithaca®, RESPONDER and Printrex® brands. TransAct has over 2.9 million printers and terminals installed around the world and is committed to providing world-class service, spare parts and accessories to support its worldwide installed product base. Through TransAct Services Group both online at http://www.transactsupplies.com and its direct sales team, the Company also provides customers with a complete range of supplies and consumable items. TransAct is headquartered in Hamden, CT. For more information, please visit http://www.transact-tech.com or call (203) 859-6800.
Epicentral and Epic are registered trademarks of TRANSACT Technologies Incorporated. ©2016 TRANSACT Technologies Incorporated. All rights reserved.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160801005267/en/
Investor:
TransAct Technologies Incorporated
Steve
DeMartino, 203-859-6810
President and Chief Financial Officer
or
JCIR
Richard
Land, Joseph Jaffoni, Jim Leahy, 212-835-8500
[email protected]
Source: TransAct Technologies Incorporated
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