CTS Corporation Declares a Dividend
The Board of Directors of CTS has declared a cash dividend of $0.04 per share, payable on January 13, 2023, to shareholders on record as of December 9, 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, payable on January 13, 2023, to shareholders on record as of December 9, 2022. This decision reflects the company's commitment to returning value to its shareholders. CTS operates in the aerospace, industrial, medical, and transportation sectors, manufacturing sensors and electronic components across North America, Europe, and Asia. Further details can be found at www.ctscorp.com.
Positive
- Dividend of $0.04 per share demonstrates commitment to shareholder returns.
Negative
- None.
Details
News Market Reaction – CTS
The recorded move for CTS in the trading session of this news was -2.52%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
LISLE, Ill., Nov. 10, 2022 (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, 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
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