CTS Keeps Dividend Steady

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Diversified electronic components manufacturer CTS  announced yesterday its second-quarter dividend of $0.035 per share, the same rate it's paid since 2011.

The board of directors said the quarterly dividend is payable on August 2 to the holders of record at the close of business on June 28. CTS has made regular quarterly dividends since at least 2000.

The regular dividend payment equates to a $0.14 per-share annual dividend, yielding 1.3% based on the closing price of CTS's stock on May 22.

CTS Dividend Chart

CTS Dividend data by YCharts

The article CTS Keeps Dividend Steady originally appeared on Fool.com.

Fool contributor Rich Duprey has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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