CTS Corporation Declares a Dividend
Rhea-AI Summary
CTS (NYSE: CTS) announced that its Board of Directors has declared a quarterly cash dividend of $0.04 per share on outstanding shares of common stock. The dividend will be paid on January 31, 2025, to shareholders of record at the close of business on December 27, 2024.
Positive
- Consistent dividend payment indicates stable cash flow management
- Maintaining shareholder returns despite market conditions
Negative
- None.
News Market Reaction
On the day this news was published, CTS declined 1.29%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
LISLE, Ill., Nov. 07, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of CTS Corporation (NYSE: CTS) has declared a cash dividend of
About CTS
CTS Corporation (NYSE: CTS) is a leading designer and manufacturer of products that Sense, Connect and Move. CTS 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 for January 2025?
When is the record date for CTS 's latest dividend?
What is the payment date for CTS 's recently announced dividend?
How much will CTS shareholders receive per share in the January 2025 dividend?
