Communications Systems (JCS) Declares $0.16 Quarterly Dividend; 9.1% Yield
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Communications Systems, Inc. Declares Quarterly Dividend of $0.16 Per Share
March 9, 2016 9:02 AM ESTMINNETONKA, Minn.--(BUSINESS WIRE)-- Communications Systems, Inc. (NASDAQ: JCS) (CSI or the Company), a global provider of 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 April 1, 2016 to shareholders of record as of March 18, 2016.
This marks the 54th 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
