Taitron Components Incorporated (NASDAQ:TAIT – Get Free Report) announced a quarterly dividend on Friday, November 1st,Zacks Dividends reports. Stockholders of record on Friday, November 15th will be paid a dividend of 0.05 per share on Wednesday, November 27th. This represents a $0.20 annualized dividend and a dividend yield of 7.04%. The ex-dividend date is Friday, November 15th.
Taitron Components has raised its dividend payment by an average of 11.3% annually over the last three years.
Taitron Components Price Performance
Shares of NASDAQ TAIT traded down $0.01 during mid-day trading on Wednesday, hitting $2.84. 7,861 shares of the company’s stock traded hands, compared to its average volume of 12,601. Taitron Components has a 1 year low of $2.57 and a 1 year high of $3.61. The company has a market capitalization of $17.10 million, a P/E ratio of 10.92 and a beta of 0.49. The company’s 50-day moving average is $2.87 and its two-hundred day moving average is $2.88.
Analyst Ratings Changes
Separately, StockNews.com started coverage on shares of Taitron Components in a research report on Sunday. They issued a “hold” rating on the stock.
Check Out Our Latest Stock Analysis on Taitron Components
About Taitron Components
Taitron Components Incorporated engages in the supply of original designed and manufactured (ODM) electronic components, and distribution of brand name electronic components. It distributes discrete semiconductors, commodity integrated circuits, optoelectronic devices, and passive components. The company also offers value-added engineering and turn-key solutions focusing on providing contract electronic manufacturers (CEMs) and original equipment manufacturers (OEMs) with ODM products for their turn-key projects.
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