Communications Systems (JCS) Declares $0.16 Quarterly Dividend; 10.2% Yield
- Nasdaq lags peers as Netflix, chip stocks drag; AmEx lifts Dow
- Sony/Apollo bid for Paramount could be worth as much as $29 billion - Source
- Netflix Q1 earnings top estimates on blowout subscriber growth
- Wall St indexes split, Treasuries dip amid earnings, geopolitical crosscurrents
- Gold prices rally past $2,400 on reports of Israel strikes on Iran
- Tritium DCFC Limited (DCFC): Three Australian subsidiaries were determined to be insolvent or likely to become insolvent
- Hasbro (HAS) Announces Resignation of Cynthia Williams, President of Wizards of the Coast and Hasbro Gaming
- Frontier Communications (FYBR) says third party had gained unauthorized access to portions of its information technology environment
- Jabil falls after placing CEO on paid leave amid internal investigation
- Ibotta (IBTA) Prices 6.56M Share IPO at $88/sh
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
- After-hours movers: Netflix, Intuitive Surgical, Nordstrom, KB Home
- Midday movers: Tesla, Blackstone, Las Vegas Sands fall; DR Horton rises
- After-hours movers: Alcoa rises; Equifax and Las Vegas Sands fall
- Midday movers: Travelers, JB Hunt fall; United Airlines rises
Communications Systems, Inc. Declares Quarterly Dividend of $0.16 Per Share and Announces Shareholder Presentation
May 19, 2016 11:17 AM EDTMINNETONKA, 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 July 1, 2016 to shareholders of record as of June 15, 2016.
This marks the 55th 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 upon a number of factors including available... More