CTS Corporation Declares a Dividend
Rhea-AI Summary
CTS (NYSE: CTS) has announced a quarterly dividend distribution. The company's Board of Directors has declared a cash dividend of $0.04 per share on outstanding shares of common stock. The dividend will be paid on April 25, 2025, to shareholders who are recorded as holders of CTS stock at the close of business on March 28, 2025.
Positive
- Consistent dividend payment indicating financial stability
- Maintaining shareholder returns through dividend distribution
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, CTS declined 2.33%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
LISLE, Ill., Feb. 06, 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