Form 8-K PC TEL INC For: Jul 22
Exhibit 99.1
PCTEL Declares Regular Quarterly Dividend
BLOOMINGDALE, Illinois – July 22, 2021 – PCTEL, Inc. (Nasdaq: PCTI), a leading global provider of wireless technology, announced today the declaration of its regular quarterly dividend of $0.055 per share on its common stock. This dividend will be payable on August 13, 2021 to shareholders of record at the close of business on August 6, 2021.
The Company believes its 2021 dividend payments will be a return of capital for U.S. income tax purposes. See IRS Form 8937 posted on the Company’s website at http://investor.pctel.com/stock-information/dividends-IRSforms.
About PCTEL
PCTEL is a leading global provider of wireless technology, including purpose-built Industrial IoT devices, antenna systems, and test and measurement solutions. Trusted by our customers for over 25 years, we solve complex wireless challenges to help organizations stay connected, transform, and grow.
For more information, please visit our website at https://www.pctel.com/.
PCTEL® is a registered trademark of PCTEL, Inc. © 2021 PCTEL, Inc. All rights reserved.
PCTEL Company Contact
Suzanne Cafferty
Vice President, Global Marketing
PCTEL, Inc.
(630) 339-2107
PCTEL Investor Relations Contact
Phillip Kupper
Three Part Advisors, LLC
(817) 778-8339
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