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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"If the [Macau casino] concessions are put up for bid, there will also be a lot of giant Chinese companies, some having nothing to do with gaming, which would like to take over these enormously successful casinos”
Professor emeritus at Whittier Law School in California, in the United States, and a visiting professor at University of Macau