BK Technologies Declares Quarterly Dividend of $0.02 Per Share
BK Technologies Corporation (BKTI) has declared a quarterly dividend of $0.02 per share, marking the nineteenth consecutive dividend.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
BK Technologies Corporation (BKTI) has declared a quarterly dividend of $0.02 per share, marking the nineteenth consecutive dividend. The dividend will be payable on January 19, 2021, to stockholders of record as of the close of business on January 4, 2021. Chairman John Struble expressed satisfaction in continuing the Company's capital return program. BK Technologies specializes in manufacturing reliable communications equipment for public safety professionals and maintains its headquarters in West Melbourne, Florida.
Positive
- Declaration of a quarterly dividend of $0.02 per share shows commitment to shareholder returns.
- Nineteenth consecutive quarterly dividend indicates stable financial performance.
Negative
- None.
Details
News Market Reaction – BKTI
The recorded move for BKTI in the trading session of this news was -3.53%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
WEST MELBOURNE, FL / ACCESSWIRE / December 11, 2020 / BK Technologies Corporation (NYSE:BKTI) announced today that its Board of Directors declared a quarterly dividend of
John Struble, Chairman of the Board, said, "We are pleased to continue the Company's capital return program with the declaration of our nineteenth consecutive quarterly dividend."
About BK Technologies
BK Technologies Corporation is an American holding company deeply rooted in the public safety communications industry, with its operating subsidiary manufacturing high-specification communications equipment of unsurpassed reliability and value for use by public safety professionals and government agencies. BK Technologies is honored to serve our public safety heroes with reliable equipment when every moment counts. The Company's common stock trades on the NYSE American market under the symbol "BKTI". Maintaining its headquarters in West Melbourne, Florida, BK Technologies can be contacted through its web site at www.bktechnologies.com or directly at 1-800-821-2900.
Company Contact:
Hayden IR
James Carbonara
james@haydenir.com
(646)-755-7412
SOURCE: BK Technologies Corporation
View source version on accesswire.com:
https://www.accesswire.com/620629/BK-Technologies-Declares-Quarterly-Dividend-of-002-Per-Share
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.