Taitron Components Inc. (TAIT) has released an update to notify the public and investors about a regulation fd disclosure.
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On February 2, 2024, the Company’s Board of Directors announced a quarterly cash dividend of $0.05 per share for both Class A and Class B common stock, to be paid on February 29, 2024, to stockholders on record as of February 16, 2024. The Company aims to maintain a cash dividend of $0.20 per share annually, distributed in quarterly amounts, though future dividends are contingent on the Board’s approval and may be adjusted or stopped at any time. Forward-looking statements in the press release are covered by safe harbor provisions, but actual results may vary due to various factors.
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For a comprehensive understanding of the announcement, you can read the full document here.
