CTS Corporation Declares a Dividend
The Board of Directors of CTS has declared a cash dividend of $0.04 per share, set for payment on January 14, 2022.
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 has declared a cash dividend of $0.04 per share, set for payment on January 14, 2022. Shareholders of record will be those on record as of the close of business on December 10, 2021. CTS is a prominent designer and manufacturer of devices that Sense, Connect, and Move, offering products in various sectors, including aerospace, industrial, medical, telecommunications, and transportation.
Positive
- Dividend of $0.04 per share announced.
- Payment date is set for January 14, 2022, providing income to shareholders.
Negative
- None.
Details
News Market Reaction – CTS
The recorded move for CTS in the trading session of this news was -1.26%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
LISLE, Ill., Nov. 04, 2021 (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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