Taitron Components Announces Quarterly Cash Dividend

Taitron Components ( (TAIT) ) has issued an update.

On January 31, 2025, Taitron Components announced a quarterly cash dividend of $0.05 per share for its Class A and Class B common stock, to be paid on February 28, 2025, to stockholders of record as of February 14, 2025. The company’s dividend policy aims for an annual payment of $0.20 per share, distributed in quarterly increments of $0.05. Future dividends are subject to the Board’s discretion and could be altered if deemed necessary for the shareholders’ best interests.

More about Taitron Components

Taitron Components, based in Valencia, California, is known as the ‘Discrete Components Superstore’. The company distributes a broad range of products including transistors, diodes, discrete semiconductors, optoelectronic devices, and passive components to electronic distributors, contract electronic manufacturers (CEMs), and original equipment manufacturers (OEMs). Additionally, Taitron offers value-added engineering, turn-key services, and original design and manufacturing services for OEM and CEM clients’ multi-year projects.

YTD Price Performance: -0.76%

Average Trading Volume: 14,778

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $15.72M

Learn more about TAIT stock on TipRanks’ Stock Analysis page.