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CTS Corporation Declares a Dividend

CTS Corporation's Board of Directors has declared a cash dividend of $0.04 per share, scheduled for payment on April 23, 2021.

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.

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dividends

Rhea-AI Summary

CTS Corporation's Board of Directors has declared a cash dividend of $0.04 per share, scheduled for payment on April 23, 2021. Shareholders of record as of March 19, 2021 will be eligible for this dividend.

CTS operates in various markets, providing sensors, actuators, and electronic components across North America, Europe, and Asia, focusing on sectors like aerospace, industrial, medical, telecommunications, and transportation.

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Positive

  • Dividend of $0.04 per share enhances shareholder value.

Negative

  • None.
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+0.99% session move Open Argus
Details

News Market Reaction – CTS

The recorded move for CTS in the trading session of this news was +0.99%.

Data tracked by StockTitan Argus. Session date unavailable.

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LISLE, Ill., Feb. 11, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of CTS Corporation (NYSE: CTS) declared a cash dividend of $0.04 per share, payable April 23, 2021, to shareholders of record at the close of business on March 19, 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

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

What is the dividend payout amount for CTS Corporation?

The declared dividend payout is $0.04 per share.

When will the CTS Corporation dividend be paid?

The dividend is scheduled to be paid on April 23, 2021.

What is the record date for the CTS Corporation dividend?

The record date for the dividend is March 19, 2021.

How frequently does CTS Corporation pay dividends?

CTS Corporation typically announces dividends quarterly.

Is the dividend from CTS Corporation sustainable?

The sustainability of the dividend depends on the company's financial performance and market conditions.

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