CTS Corporation Declares a Dividend

Rhea-AI Summary

The Board of Directors of CTS has declared a cash dividend of $0.04 per share, scheduled for payment on November 4, 2022. Shareholders must be on record by the close of business on September 30, 2022 to receive this dividend. CTS is a leader in the design and manufacturing of sensors, actuators, and electronic components, serving markets such as aerospace, defense, industrial, medical, and transportation.

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News Market Reaction – CTS

-1.89%

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-1.89% News Effect

On the day this news was published, CTS declined 1.89%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

LISLE, Ill., Aug. 31, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of CTS Corporation (NYSE: CTS) declared a cash dividend of $0.04 per share, payable November 4, 2022, to shareholders of record at the close of business on September 30, 2022.

About CTS

CTS (NYSE: CTS) is a leading designer and manufacturer of products that Sense, Connect, and Move. The company manufactures sensors, actuators, and electronic components in North America, Europe, and Asia, and provides engineered products to customers in the aerospace/defense, industrial, medical, and transportation markets. For more information, visit www.ctscorp.com.

Contact

Ashish Agrawal
Vice President and Chief Financial Officer
CTS Corporation
4925 Indiana Avenue
Lisle, IL 60532 USA
+1 (630) 577-8800
ashish.agrawal@ctscorp.com

FAQ

What is the dividend amount declared by CTS?

CTS declared a cash dividend of $0.04 per share.

When will the CTS dividend be paid?

The dividend will be paid on November 4, 2022.

What is the record date for the CTS dividend?

The record date for the dividend is September 30, 2022.

How often does CTS pay dividends?

CTS typically pays dividends quarterly, subject to Board approval.

Is the CTS dividend sustainable?

The sustainability of the dividend depends on the company's financial performance and future earnings.