SATA Technology Co., Ltd. (NASDAQ:SATA) Announces Dividend of $0.06

by · The Markets Daily

SATA Technology Co., Ltd. (NASDAQ:SATA – Get Free Report) announced a dividend on Thursday, October 15th. 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 Price Performance

Shares of NASDAQ:SATA opened at $97.85 on Friday. The stock has a fifty day moving average of $99.77. SATA Technology has a 12-month low of $79.01 and a 12-month high of $101.35.

Key Headlines Impacting SATA Technology

Here are the key news stories impacting SATA Technology this week:

  • Positive Sentiment: SATA Technology declared a dividend of $0.0571 per share, representing a 10.7% increase from the previous $0.0516 payment. Shareholders of record on November 27 will receive the dividend on November 30.
  • Neutral Sentiment: The company also reiterated the previously announced $0.0516-per-share dividend, payable October 23 to shareholders of record on October 22. The repeated reports appear to be duplicate listings rather than separate dividend announcements.
  • Neutral Sentiment: The next ex-dividend date is November 27. Investors purchasing shares on or after that date generally would not be entitled to the upcoming distribution, which could create normal short-term trading adjustments around the ex-dividend date.

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