SATA Technology Co., Ltd. (NASDAQ:SATA) to Issue Dividend of $0.05

by · The Cerbat Gem

SATA Technology Co., Ltd. (NASDAQ:SATA – Get Free Report) declared a dividend on Saturday, August 22nd. Stockholders of record on Tuesday, September 29th will be paid a dividend of 0.0516 per share on Wednesday, September 30th. The ex-dividend date is Tuesday, September 29th.

SATA Technology Price Performance

Shares of SATA stock traded up $0.10 during mid-day trading on Friday, reaching $100.01. 451,867 shares of the company’s stock traded hands, compared to its average volume of 269,283. SATA Technology has a 12 month low of $79.01 and a 12 month high of $101.35.

Insiders Place Their Bets

In related news, Director Pierre Rochard bought 15,900 shares of the stock in a transaction that occurred on Friday, August 14th. The shares were bought at an average cost of $12.54 per share, for a total transaction of $199,386.00. Following the completion of the transaction, the director owned 15,900 shares of the company’s stock, valued at approximately $199,386. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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