TransAct Technologies Inc, a United States-based supplier of software and printing systems for casinos and other consumer businesses, says it has declared a quarterly cash dividend of US$0.09 a share.
The company issued on Friday a written statement saying the dividend is payable on September 16 to shareholders of record on August 20.
The TransAct Technologies announcement stated: “On an annualised basis, the quarterly dividend represents an annual yield of 2.9 percent, based on the US$12.54 per share closing price of the company’s stock on August 1, 2019.”
In July the company announced that a casino resort in Macau had bought a food inventory monitoring and food safety tracking system made by TransAct Technologies, called Boha.
TransAct Technologies said the deal was its first in the Asia-Pacific region, but withheld the name of the casino resort.
The company describes itself as a global leader in software development and printing for industries that include food and beverage, casino and gaming, lotteries, and oil and gas.
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”Although we have decided not to pursue an integrated city resort in Osaka at this time, we wish the city the very best and look forward to following its continued success. Wynn Resorts is currently focused on the Kanto area”