TransAct declares US$0.08-quarterly cash dividend
Nasdaq-listed gaming supplier TransAct Technologies Inc has declared a quarterly cash dividend of US$0.08 per share. TransAct is a supplier of printers and printing software to commercial sectors including the gaming industry.
The quarterly cash dividend will be payable on March 15 to shareholders of record on February 20, Transact said in a filing on Monday.
On an annualised basis, the quarterly dividend represents a yield of 4.6 percent based on the US$6.95-per-share closing price of the company’s stock on February 3.
TransAct is yet to announce its fourth quarter 2016 financial results.
The company reported net sales of US$14.5 million for the third quarter of 2016, up by 2.1 percent from US$14.2 million in the prior-year quarter.
The third quarter growth was supported by an increase in revenue from the casino and gaming product segment, the firm said in November. TransAct had stated casino and gaming net sales in the third quarter of 2016 were US$5.6 million, up by 27.2 percent in year-on-year terms.
Latest News
Sign up to our FREE Newsletter
(Click here for more)
Most Popular
Most Macau casino resort hotels with rooms for Oct 1 hols September 29, 2022 
Trial witness ties Suncity, Chau to multiplier bets September 30, 2022 
Suncity ties to Philippines-based proxy bets heard in trial September 30, 2022 
Macau September GGR up 35pct m-o-m: govt October 1, 2022