Feb 05, 2015 Newsdesk Industry Talk, Latest News  
TransAct Technologies Inc, a specialist in printers, terminals, software and other products for transaction-based industries including the licensed casino sector, has declared a quarterly cash dividend of US$0.08 per share.
The dividend will be payable on March 13, 2015, to those recorded as shareholders as of the close of business on February 20, 2015, the U.S.-based firm said on Wednesday.
“On an annualised basis, the quarterly dividend represents an annual yield of 5.4 percent based on the US$5.94 per share closing price of the company’s stock on February 3, 2015,” said TransAct in its statement.
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”Momentum is expected to grow as mainland China recently reopened its borders, and this presents a substantial growth potential for us as historically a large portion of our clientele came from China”
Porntat Amatavivadhana
Non-executive chairman of Donaco International