PCTEL Declares Regular Quarterly Dividend

PCTEL, Inc. (NASDAQ: PCTI) has declared a quarterly dividend of $0.055 per share on its common stock, payable on February 15, 2023, to shareholders of record as of February 8, 2023.

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BLOOMINGDALE, Ill.--(BUSINESS WIRE)-- PCTEL, Inc. (Nasdaq: PCTI), a leading global provider of wireless technology solutions, announced today the declaration of its regular quarterly dividend of $0.055 per share on its common stock. This dividend will be payable on February 15, 2023 to shareholders of record at the close of business on February 8, 2023.

The Company believes its 2023 dividend payments will be a return of capital for U.S. income tax purposes. See IRS Form 8937 posted on the Company’s website at http://investor.pctel.com/stock-information/dividends-IRSforms.

About PCTEL

PCTEL is a leading global provider of wireless connectivity solutions, including purpose-built Industrial IoT devices, antenna systems, and test and measurement products. Trusted by our customers for over 25 years, we solve complex wireless challenges to help organizations stay connected, transform, and grow.

For more information, please visit our website at https://www.pctel.com/.

PCTEL® is a registered trademark of PCTEL, Inc. © 2023 PCTEL, Inc. All rights reserved.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230120005478/en/

PCTEL Company Contact
Suzanne Cafferty
Vice President, Global Marketing
PCTEL, Inc.
(630) 339-2107
public.relations@pctel.com

PCTEL Investor Relations Contact
Lisa Fortuna or Ashley Gruenberg
Alpha IR Group
312-445-2870
PCTI@alpha-ir.com

Source: PCTEL, Inc.