CTS Corporation Declares a Dividend

Rhea-AI Impact

(Neutral)

Rhea-AI Sentiment

(Neutral)

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 – CTS

-2.33%

1 alert

-2.33% News Effect

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.

02/06/2025 - 06:00 PM

LISLE, Ill., Feb. 06, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of CTS Corporation (NYSE: CTS) has declared a cash dividend of $0.04 per share on outstanding shares of common stock, without par value, to be paid on April 25, 2025, to shareholders of record at the close of business on March 28, 2025.

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

FAQ

What is the dividend amount declared by CTS for April 2025?

CTS has declared a cash dividend of $0.04 per share for April 2025.

When is the record date for CTS 's latest dividend?

The record date for CTS 's dividend is March 28, 2025.

When will CTS pay its recently announced dividend?

CTS will pay the dividend on April 25, 2025.

What is the ex-dividend date for CTS 's April 2025 dividend?

The ex-dividend date is typically one business day before the record date of March 28, 2025, but this specific information was not provided in the announcement.