BK Technologies Declares Quarterly Dividend of $0.02 per Share
BK Technologies Corporation (BKTI) has declared a quarterly dividend of $0.02 per share, set to be paid on October 19, 2020, to shareholders on record as of October 5, 2020.
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, set to be paid on October 19, 2020, to shareholders on record as of October 5, 2020. This announcement marks the company's eighteenth consecutive quarterly dividend, reflecting its commitment to returning capital to shareholders. The company operates in the public safety communications sector, providing reliable communication equipment for government agencies and public safety professionals.
Positive
- Declared a quarterly dividend of $0.02 per share.
- Eighteenth consecutive quarterly dividend, indicating a stable capital return program.
Negative
- None.
Details
News Market Reaction – BKTI
The recorded move for BKTI in the trading session of this news was -0.31%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
WEST MELBOURNE, FL / ACCESSWIRE / September 17, 2020 / BK Technologies Corporation (NYSE American:BKTI) announced that today 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 eighteenth 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/606609/BK-Technologies-Declares-Quarterly-Dividend-of-002-per-Share