SATA Technology Co., Ltd. (NASDAQ:SATA) Declares Dividend of $0.05

SATA Technology Co., Ltd. (NASDAQ:SATA) announced a dividend on Thursday, September 24th. Investors of record on Tuesday, October 6th will be given a dividend of $0.0516 per share on Wednesday, October 7th. The ex-dividend date of this dividend is Tuesday, October 6th.

SATA Technology Stock Performance

Shares of NASDAQ SATA remained flat at $100.01 during mid-day trading on Thursday. 379,010 shares of the stock traded hands, compared to its average volume of 300,116. SATA Technology has a 52-week low of $79.01 and a 52-week high of $101.35.

More SATA Technology News

Here are the key news stories impacting SATA Technology this week:

• Positive Sentiment: SATA Technology declared a cash dividend of $0.0516 per share. The announcements indicate several upcoming record, ex-dividend and payment dates, including record dates from October 2 through October 7 and payments from October 5 through October 8. A recurring dividend may appeal to income-focused investors.
• Neutral Sentiment: Numerous duplicate reports also list a $0.0516 dividend for shareholders of record on October 29, with payment scheduled for October 30. Because the entries provide conflicting dates and appear to repeat the same information, investors should verify the official dividend calendar before trading around an ex-dividend date.
• Neutral Sentiment: The dividend announcements do not disclose a change in the payout amount, earnings outlook or business operations. As a result, they are more likely to support investor sentiment modestly than to create a major near-term catalyst for SATA.