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BK Technologies Declares Quarterly Dividend of $0.02 per Share

BK Technologies Corporation (NYSE American: BKTI) has declared a quarterly dividend of $0.02 per share for its common stock, scheduled for payment on October 18, 2021.

(Neutral)

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Rhea-AI Summary

BK Technologies Corporation (NYSE American: BKTI) has declared a quarterly dividend of $0.02 per share for its common stock, scheduled for payment on October 18, 2021. Stockholders of record as of October 7, 2021 will receive this dividend, marking the company's twenty-second consecutive quarterly dividend. General Gray Payne, Chairman of the Board, expressed satisfaction with this continuation of the capital return program, emphasizing the company's commitment to its shareholders.

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Positive

  • Quarterly dividend of $0.02 per share declared.
  • Twenty-second consecutive quarterly dividend indicates consistent financial performance.

Negative

  • None.
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+0.34% session move Open Argus
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News Market Reaction – BKTI

The recorded move for BKTI in the trading session of this news was +0.34%.

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WEST MELBOURNE, FL / ACCESSWIRE / September 23, 2021 / BK Technologies Corporation (NYSE American:BKTI) today announced that its Board of Directors has declared a quarterly dividend of $0.02 per share of the Company's common stock, payable on October 18, 2021, to stockholders of record of the Company's common stock as of the close of business on October 7, 2021.

General Gray Payne, Chairman of the Board, said, "We are pleased to continue the Company's capital return program with the declaration of our twenty-second consecutive quarterly dividend."

About BK Technologies

BK Technologies Corporation manufactures high-specification, American-made communications equipment of unsurpassed reliability and value for use by public safety professionals and government agencies. BK Technologies is honored to serve these 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:

IMS Investor Relations
John Nesbett/Jennifer Belodeau
bktechnologies@imsinvestorrelations.com
(203) 972-9200

SOURCE: BK Technologies Corporation



View source version on accesswire.com:
https://www.accesswire.com/665353/BK-Technologies-Declares-Quarterly-Dividend-of-002-per-Share

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by BK Technologies?

BK Technologies has declared a quarterly dividend of $0.02 per share.

When is the dividend payment date for BK Technologies?

The dividend payment date is set for October 18, 2021.

Who is eligible for the BK Technologies dividend?

Stockholders of record as of October 7, 2021, are eligible for the dividend.

How often does BK Technologies pay dividends?

BK Technologies pays dividends quarterly.

Is the dividend from BK Technologies sustainable?

The sustainability of the dividend would depend on the company's ongoing financial performance and profitability.

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