6 hours Ago By ABMN Staff
StockNews.com initiated coverage on shares of Taitron Components ( NASDAQ:TAIT – Free Report ) in a report published on Monday. The brokerage issued a hold rating on the stock.
Taitron Components Price Performance Shares of TAIT stock opened at $2.61 on Monday. The company has a market capitalization of $15.
68 million, a price-to-earnings ratio of 11.33 and a beta of 0.49.
The company’s fifty day moving average price is $2.86 and its 200-day moving average price is $2.86.
Taitron Components has a one year low of $2.52 and a one year high of $3.61.
Taitron Components Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Friday, November 15th will be issued a $0.05 dividend.
This represents a $0.20 annualized dividend and a dividend yield of 7.68%.
The ex-dividend date is Friday, November 15th. Taitron Components’s dividend payout ratio (DPR) is currently 86.96%.
About Taitron Components Taitron Components Incorporated engages in the supply of original designed and manufactured (ODM) electronic components, and distribution of brand name electronic components. It distributes discrete semiconductors, commodity integrated circuits, optoelectronic devices, and passive components. The company also offers value-added engineering and turn-key solutions focusing on providing contract electronic manufacturers (CEMs) and original equipment manufacturers (OEMs) with ODM products for their turn-key projects.
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