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
Interviews
-
Still time for my son to help family: Kazuo Okada A key to entrepreneur Kazuo Okada reasserting control over... -
Universal Ent cannot survive without my vision: Okada Entrepreneur Kazuo Okada (pictured) has told GGRAsia that... -
Widus CEO looks to IPO, fresh expansion in the Philippines The operator of the Widus Hotel and Casino at Clark... -
Cambodia ripe for global casino brand: GMA’s Klebanow Cambodia has some attributes that make it potentially... -
IGT gaining traction in Asia Pacific: Walter Bugno Global gaming supplier International Game Technology Plc...
Latest News
Sign up to our FREE Newsletter
(Click here for more)
Most Popular
Licensed casino staff added to Philippine no-entry database September 19, 2018 
Uncertainty hounds LVS, Wynn but valuation good: brokerage September 18, 2018 
Grand Lisboa Palace undamaged by Typhoon Mangkhut: SJM September 18, 2018