Taitron Components Inc. (TAIT) has released an update to notify the public and investors about a regulation fd disclosure.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
On February 2, 2024, the Company’s Board of Directors announced a quarterly cash dividend of $0.05 per share for both Class A and Class B common stock, to be paid on February 29, 2024, to stockholders on record as of February 16, 2024. The Company aims to maintain a cash dividend of $0.20 per share annually, distributed in quarterly amounts, though future dividends are contingent on the Board’s approval and may be adjusted or stopped at any time. Forward-looking statements in the press release are covered by safe harbor provisions, but actual results may vary due to various factors.
For further insights into TAIT stock, check out TipRanks’ Stock Analysis page.
For a comprehensive understanding of the announcement, you can read the full document here.