STOCK TITAN

CTS Corporation Declares a Dividend

The Board of Directors of CTS has declared a cash dividend of $0.04 per share, scheduled for payment on November 4, 2022.

(Neutral)

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.

Tags
dividends

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.

Loading...
Loading translation...
Argus Session date unavailable
-1.89% session move Open Argus
Details

News Market Reaction – CTS

The recorded move for CTS in the trading session of this news was -1.89%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

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

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

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.

Keep reading