GGRAsia – TransAct declares US$0.09 quarterly cash dividend

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TransAct declares US$0.09 quarterly cash dividend

Nov 06, 2018 Newsdesk Latest News, World

TransAct declares US$0.09 quarterly cash dividend

Nasdaq-listed gaming supplier TransAct Technologies Inc has declared a quarterly cash dividend of US$0.09 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 December 14 to shareholders of record on November 20, Transact said in a filing on Monday.

On an annualised basis, the quarterly dividend represents a yield of 2.4 percent based on the US$14.74-per-share closing price of the company’s stock on November 2, the firm stated.

TransAct is yet to announce its third-quarter 2018 financial results. The company in August said it casino and gaming sales for the first six months of 2018 rose by 42.9 percent year-on-year to US$13.0 million, primarily on the strength of sales to international markets.

TransAct’s casino and gaming product segment includes ticket printers for gaming machines.

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