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
Sponsored Feature
Latest News
Features
-
Macau Peninsula to become 2nd-tier casino hub: analyst Macau’s traditional gaming zone on downtown peninsula... -
Manila casino attack gives sector pause Management at two major casino venues in the Philippine... -
Virtual sports, next big thing in Macau casino market? Hong Kong-listed casino equipment supplier Paradise... -
Still room for improvement at Studio City: pundits As Studio City – the US$3.2-billion, 2015 addition to... -
Fantan to baccarat: a new book on Macau gaming law Macau’s pacapio Chinese lottery game will celebrate its...
Sign up to our FREE Newsletter
(Click here for more)
Most Popular
Sands China to revamp VIP areas at Venetian, Plaza Macao August 14, 2017 
Macau’s Studio City resort owner files for potential IPO August 15, 2017 
Macau August GGR likely up at least 22pct: analysts August 15, 2017