Taitron Components (TAIT) Declares $0.10 Special Dividend, $0.045 Quarterly Dividend

Go back to Taitron Components (TAIT) Declares $0.10 Special Dividend, $0.045 Quarterly Dividend

Taitron Announces Special Cash Dividend and Quarterly Cash Dividend

April 29, 2022 4:02 PM EDT

LOS ANGELES, April 29, 2022 (GLOBE NEWSWIRE) -- Taitron Components Incorporated (NASDAQ: TAIT) announced today that its Board of Directors has declared a one-time special cash dividend of $0.10 per share, in addition to its quarterly cash dividend of $0.045 per share of common stock, both payable on May 31, 2022 to stockholders of record as of the close of business on May 13, 2022. The aggregate payment will be $0.145 per share or approximately $852,000.

Stewart Wang, President, commented: This one-time special dividend is our reward to shareholders. Our strong balance sheet allows us to pay this one-time... More