Deswell Industries, Inc. (NASDAQ:DSWL) Announces $0.10 Dividend

Deswell Industries, Inc. (NASDAQ:DSWL) declared a dividend on Thursday, November 13th. Shareholders of record on Tuesday, December 2nd will be given a dividend of 0.10 per share by the technology company on Tuesday, December 23rd. This represents a yield of 570.0%. The ex-dividend date of this dividend is Tuesday, December 2nd.

Deswell Industries has increased its dividend payment by an average of 0.1%annually over the last three years.

Deswell Industries Trading Down 3.0%

Shares of Deswell Industries stock traded down $0.10 during trading on Friday, reaching $3.41. The company’s stock had a trading volume of 6,028 shares, compared to its average volume of 20,086. Deswell Industries has a fifty-two week low of $1.93 and a fifty-two week high of $4.48. The firm has a market cap of $54.27 million, a PE ratio of 7.10 and a beta of 0.57. The company has a 50-day moving average price of $3.75 and a two-hundred day moving average price of $3.12.

About Deswell Industries

Deswell Industries, Inc manufactures and sells injection-molded plastic parts and components, electronic products and subassemblies, and metallic molds and accessory parts for original equipment manufacturers and contract manufacturers in China, the United States, Europe, Hong Kong, the United Kingdom, Canada, and internationally.