Taitron announces quarterly cash dividend increase of 12.5%

Los angeles, oct. 29, 2021 (globe newswire) -- taitron components incorporated (nasdaq:tait) today announced that its board of directors has declared a quarterly cash dividend of $0.045 per share of common stock, payable on november 30, 2021 to stockholders of record as of the close of business on november 12, 2021. under our revised dividend policy, the company will now target a cash dividend to our stockholders in the amount of $0.18 per share per annum, payable in equal $0.045 per share quarterly installments. this effectively increases by 12.5% our quarterly cash dividends from $0.04 per share to $0.045 per share.
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