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CTS Corporation Declares a Dividend

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Rhea-AI Summary

CTS Corporation has declared a cash dividend of $0.04 per share, which is payable on November 5, 2021. Shareholders must be on record by the close of business on October 1, 2021. This decision reflects the company's ongoing commitment to returning value to shareholders. CTS operates in various sectors, including aerospace, defense, and telecommunications, designing and manufacturing products that Sense, Connect, and Move.

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Positive

  • Declared a cash dividend of $0.04 per share, enhancing shareholder returns.

Negative

  • None.

News Market Reaction – CTS

+0.74%
1 alert
+0.74% News Effect

On the day this news was published, CTS gained 0.74%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

LISLE, Ill., Aug. 20, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of CTS Corporation (NYSE: CTS) declared a cash dividend of $0.04 per share, payable November 5, 2021, to shareholders of record at the close of business on October 1, 2021.

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, telecommunications/IT, 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

Telephone: +1 (630) 577-8800
Email: ashish.agrawal@ctscorp.com


FAQ

What is the dividend amount declared by CTS Corporation?

CTS Corporation declared a cash dividend of $0.04 per share.

When is the dividend payment date for CTS Corporation?

The dividend payment date for CTS Corporation is November 5, 2021.

Who is eligible to receive the dividend from CTS Corporation?

Shareholders of record at the close of business on October 1, 2021, are eligible to receive the dividend.

What sectors does CTS Corporation operate in?

CTS Corporation operates in aerospace, defense, industrial, medical, telecommunications, and transportation sectors.
CTS Corp

NYSE:CTS

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CTS Stock Data

1.32B
28.03M
Electronic Components
Printed Circuit Boards
Link
United States
LISLE