Taitron Components Incorporated (NASDAQ:TAIT – Get Free Report) declared a quarterly dividend on Friday, August 2nd, Zacks reports. Investors of record on Friday, August 16th will be given a dividend of 0.05 per share on Friday, August 30th. This represents a $0.20 dividend on an annualized basis and a yield of 7.04%. The ex-dividend date of this dividend is Friday, August 16th.
Taitron Components has increased its dividend payment by an average of 11.3% annually over the last three years and has increased its dividend annually for the last 7 consecutive years.
Taitron Components Price Performance
TAIT traded up $0.02 on Wednesday, reaching $2.84. 3,706 shares of the company’s stock were exchanged, compared to its average volume of 14,387. The stock has a market cap of $17.10 million, a PE ratio of 10.07 and a beta of 0.50. Taitron Components has a twelve month low of $2.57 and a twelve month high of $3.87. The stock’s fifty day moving average price is $2.80 and its 200-day moving average price is $3.03.
Analyst Ratings Changes
Separately, StockNews.com started coverage on shares of Taitron Components in a research note on Wednesday. They set a “hold” rating on the stock.
Read Our Latest Analysis on Taitron Components
Taitron Components Company Profile
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.
See Also
- Five stocks we like better than Taitron Components
- How to Calculate Inflation Rate
- Brinker International’s Price Dip is an Appetizing Entry Point
- How to Calculate Retirement Income: MarketBeat’s Calculator
- 3 Stocks That Could Beat the September Blues
- What Are the FAANG Stocks and Are They Good Investments?
- Canopy Growth Stock: Can It Sustain Recent Gains?
Receive News & Ratings for Taitron Components Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taitron Components and related companies with MarketBeat.com's FREE daily email newsletter.