SATA Technology Co., Ltd. (SATA) to Distribute Dividend of $0.06 on November 30th

SATA Technology Co., Ltd. (NASDAQ:SATA) announced a dividend on Tuesday, October 13th. Stockholders of record on Friday, November 27th will be paid a dividend of $0.0571 per share on Monday, November 30th. The ex-dividend date is Friday, November 27th. This is a 10.7% increase from SATA Technology’s previous dividend of $0.0516.

SATA Technology Price Performance

SATA stock opened at $97.67 on Thursday. The business’s fifty day moving average price is $99.82. SATA Technology has a 52 week low of $79.01 and a 52 week high of $101.35.

Insider Buying and Selling

In related news, CMO Arshia Sarkhani sold 5,634 shares of the stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $31.33, for a total transaction of $176,513.22. Following the completion of the sale, the chief marketing officer owned 11,795 shares of the company’s stock, valued at approximately $369,537.35. This represents a 32.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director James Lavish sold 6,000 shares of the firm’s stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $30.75, for a total transaction of $184,500.00. Following the completion of the transaction, the director owned 8,815 shares in the company, valued at $271,061.25. The trade was a 40.50% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 42,620 shares of company stock worth $1,325,038.