Communications Systems (JCS) Declares $0.16 Quarterly Dividend; 7.5% Yield
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Communications Systems, Inc. Declares Quarterly Dividend of $0.16 Per Share
August 25, 2015 5:15 PM EDTMINNETONKA, Minn.--(BUSINESS WIRE)-- Communications Systems, Inc. (NASDAQ: JCS) (CSI or the Company), a global provider of physical connectivity infrastructure and services for deployments of broadband networks, today announced that its Board of Directors has declared a cash dividend of $0.16 per common share. The dividend will be payable on October 1, 2015 to shareholders of record as of September 15, 2015.
This marks the 52nd consecutive quarter that CSI has paid a dividend to its shareholders.
This dividend payment decision, as has been the Board of Directors usual practice, was based on the Companys profitability, free cash... More
