CTS Corporation Declares a Dividend
Rhea-AI Summary
CTS Corporation (NYSE: CTS) has announced a quarterly dividend payment. The company's Board of Directors has declared a cash dividend of $0.04 per share on outstanding common stock. The dividend will be paid on July 25, 2025, to shareholders who are recorded as stockholders at the close of business on June 27, 2025.
Positive
- Consistent dividend payment demonstrates commitment to shareholder returns
- Regular quarterly dividend indicates financial stability
Negative
- Low dividend amount of $0.04 per share suggests limited cash distribution to shareholders
News Market Reaction
On the day this news was published, CTS gained 2.29%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
LISLE, Ill., May 12, 2025 (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