CTS Keeps Dividend Steady

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.

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