CTS Corporation Declares a Dividend

The Board of Directors of CTS declared a cash dividend of $0.04 per share, payable on January 15, 2021, to shareholders of record by December 11, 2020.

Rhea-AI Summary

The Board of Directors of CTS declared a cash dividend of $0.04 per share, payable on January 15, 2021, to shareholders of record by December 11, 2020. The company, known for designing and manufacturing products that Sense, Connect, and Move, operates in various sectors including aerospace, medical, and telecommunications. Headquartered in Lisle, Illinois, CTS serves clients globally, manufacturing critical electronic components and sensors.

Positive

• Declaration of a $0.04 cash dividend per share, demonstrating shareholder value.
• Strong presence in key industries such as aerospace, medical, and telecommunications.

Negative

• None.

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LISLE, Ill., Nov. 05, 2020 (GLOBE NEWSWIRE) -- The Board of Directors of CTS Corporation (NYSE: CTS) declared a cash dividend of $0.04 per share, payable January 15, 2021, to shareholders of record at the close of business on December 11, 2020.

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

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 January 15, 2021.

What is the record date for the CTS dividend?

The record date for the dividend is December 11, 2020.

How often does CTS declare dividends?

Dividends are declared periodically, but specific frequency may vary.

In which sectors does CTS operate?

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