CTS Corporation Declares a Dividend
The Board of Directors of CTS Corporation (NYSE: CTS) has declared a cash dividend of $0.04 per share, scheduled for payment on October 30, 2020.
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.
Rhea-AI Summary
The Board of Directors of CTS Corporation (NYSE: CTS) has declared a cash dividend of $0.04 per share, scheduled for payment on October 30, 2020. Shareholders must be on record by the close of business on September 25, 2020. CTS specializes in designing and manufacturing sensors, actuators, and electronic components for various markets, including aerospace, industrial, medical, and telecommunications. The company operates in North America, Europe, and Asia.
Positive
- Declaration of a cash dividend of $0.04 per share, indicating confidence in financial stability.
- Payment scheduled for October 30, 2020, providing immediate income to shareholders.
Negative
- None.
Details
News Market Reaction – CTS
The recorded move for CTS in the trading session of this news was -1.47%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
LISLE, Ill., Aug. 20, 2020 (GLOBE NEWSWIRE) -- The Board of Directors of CTS Corporation (NYSE: CTS) declared a cash dividend of
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
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