SATA Technology Co., Ltd. (SATA) to Issue Dividend of $0.06 on November 30th
by Teresa Graham · The Cerbat GemSATA Technology Co., Ltd. (NASDAQ:SATA – Get Free Report) announced a dividend on Sunday, October 18th. Investors of record on Friday, November 27th will be paid a dividend of $0.0571 per share on Monday, November 30th. The ex-dividend date of this dividend is Friday, November 27th. This is a 10.7% increase from SATA Technology’s previous dividend of $0.0516.
SATA Technology Stock Up 0.9%
Shares of SATA stock opened at $97.81 on Tuesday. The company has a 50-day moving average of $99.66. SATA Technology has a 1-year low of $79.01 and a 1-year high of $101.35.
SATA Technology News Summary
Here are the key news stories impacting SATA Technology this week:
- Positive Sentiment: SATA Technology declared a dividend of $0.0571 per share, up 10.7% from the previous $0.0516 payment. Investors of record on November 27 will receive the dividend on November 30. SATA Technology Increases Dividend to $0.06 Per Share
- Positive Sentiment: The dividend increase could attract income-oriented investors and reinforce the perception that SATA Technology can return more capital to shareholders. Multiple reports describe the payout as approximately $0.06 per share.
- Neutral Sentiment: The ex-dividend date is November 27, meaning investors must own shares before that date to qualify for the newly announced payment. The stock may experience normal dividend-related price adjustments around the ex-dividend date.
About SATA Technology
Strive Asset Management, LLC is a privately owned investment manager. It primarily provides its services to investment companies. The firm is a large advisory firm, an investment adviser to an investment company which provides portfolio management for investment companies. The firm invests in exchange traded funds. The firm conducts in-house research to make its investments. Strive Asset Management, LLC was founded in 2022 and is based in Dallas, Texas.
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