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.
Related articles
Latest News
Interviews
-
BMM prepped for Macau EGM regulation update: White BMM Testlabs “ticks all the boxes” with regard to its... -
Japan, Cambodia, Vietnam casino biz to watch: Klebanow The regulated casino industry is well versed in dealing... -
Cloud services, e-Sports highlights of MGS 2017: Chun The presence of some of the leading cloud computing... -
Crunch time for Tokyo casino option: Caesars exec The Tokyo local election setback for Japan’s governing... -
Suncity bets on Vietnam, resurgent Macau VIP: Andrew Lo A multibillion U.S. dollar casino project on Vietnam’s...
Most Popular
NagaCorp starts pile cap work for Russia casino: regulator April 23, 2018 
Macau Legend plans min US$300-mln further Laos input April 24, 2018 
Belle Corp again pitches CoD Manila ‘expansion’ April 24, 2018