SATA Technology Co., Ltd. (SATA) To Go Ex-Dividend on November 27th

SATA Technology Co., Ltd. (NASDAQ:SATA) announced a dividend on Wednesday, October 14th. 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 Stock Up 0.2%

Shares of SATA opened at $97.85 on Friday. SATA Technology has a 12-month low of $79.01 and a 12-month high of $101.35. The firm’s 50-day simple moving average is $99.77.

Insiders Place Their Bets

In related news, 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 value of $184,500.00. Following the sale, the director directly owned 8,815 shares of the company’s stock, valued at $271,061.25. This trade represents a 40.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Jonathan R. Macey sold 6,700 shares of SATA Technology stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $30.32, for a total transaction of $203,144.00. Following the sale, the director owned 8,115 shares of the company’s stock, valued at approximately $246,046.80. The trade was a 45.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 42,620 shares of company stock valued at $1,325,038 over the last three months.