BK Technologies Declares Quarterly Dividend of $0.02 per Share

Rhea-AI Summary

BK Technologies Corporation (NYSE American: BKTI) has declared a quarterly dividend of $0.02 per share, set for payment on August 9, 2021. Shareholders on record by July 26, 2021 will qualify for this distribution. This marks the twenty-first consecutive quarterly dividend issued by the company, as stated by Chairman General Gray Payne, who emphasized the company’s commitment to its capital return program.

Positive

• Quarterly dividend of $0.02 per share enhances shareholder income.
• Continues a strong track record with the twenty-first consecutive dividend.

Negative

• None.

News Market Reaction – BKTI

+2.61%

+2.61% Session move

In the trading session that priced this news, BKTI gained 2.61%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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WEST MELBOURNE, FL / ACCESSWIRE / July 9, 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 August 9, 2021, to stockholders of record of the Company's common stock as of the close of business on July 26, 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-first 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/654826/BK-Technologies-Declares-Quarterly-Dividend-of-002-per-Share

FAQ

What is the dividend amount declared by BK Technologies?

BK Technologies declared a dividend of $0.02 per share.

When is the dividend payment date for BK Technologies?

The dividend is payable on August 9, 2021.

What is the record date for the BK Technologies dividend?

The record date is July 26, 2021.

How many consecutive quarterly dividends has BK Technologies declared?

BK Technologies has declared twenty-one consecutive quarterly dividends.