Communications Systems (JCS) Declares $0.16 Quarterly Dividend; 10.2% Yield
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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
