Taitron Announces Quarterly Cash Dividend

Rhea-AI Summary

Taitron Components (NASDAQ:TAIT) has announced a quarterly cash dividend of $0.035 per share of common stock. The dividend will be paid on August 29, 2025, to stockholders of record as of August 15, 2025.

Under the company's current dividend policy, Taitron targets an annual dividend of $0.14 per share, distributed in equal quarterly payments of $0.035. The Board of Directors maintains discretion to modify, suspend, or cancel the dividend policy based on their assessment of stockholders' best interests.

Positive

• Consistent quarterly dividend payment of $0.035 per share maintained
• Clear annual dividend target of $0.14 per share established

Negative

• Dividend payments subject to Board's discretion and may be suspended or cancelled
• Relatively small dividend amount indicates limited cash distribution to shareholders

LOS ANGELES, Aug. 01, 2025 (GLOBE NEWSWIRE) -- Taitron Components Incorporated (NASDAQ:TAIT) today announced that its Board of Directors has declared a quarterly cash dividend of $0.035 per share of common stock, payable on August 29, 2025 to stockholders of record as of the close of business on August 15, 2025. Under our current dividend policy, the Company will target a cash dividend to our stockholders in the amount of $0.14 per share per annum, payable in equal $0.035 per share quarterly installments.

Subsequent dividend declarations and the establishment of record and payment dates for such future dividend payments, if any, are subject to the Board of Directors' continuing determination that the dividend policy is in the best interests of the Company's stockholders. The dividend policy may be suspended or cancelled at the discretion of the Board of Directors at any time.

About Taitron Components

Taitron, based in Valencia, California, is the “Discrete Components Superstore”. The Company distributes a wide variety of transistors, diodes and other discrete semiconductors, optoelectronic devices and passive components to electronic distributors, contract electronic manufacturers (CEMs) and original equipment manufacturers (OEMs), who incorporate them into their products. In addition, Taitron provides value-added engineering and turn-key services for our existing OEM and CEM customers and providing them with original design and manufacturing services for their multi-year turn-key projects.

CONTACTS:

Taitron Components Incorporated

Stewart Wang – T: 661-257-6060

FAQ

What is Taitron's (NASDAQ:TAIT) quarterly dividend amount for August 2025?

Taitron's quarterly dividend is $0.035 per share, payable on August 29, 2025.

When is the record date for Taitron's Q3 2025 dividend?

The record date is August 15, 2025. Shareholders must own the stock by this date to receive the dividend.

What is Taitron's (TAIT) annual dividend target?

Taitron targets an annual dividend of $0.14 per share, paid in four equal quarterly installments of $0.035 per share.

Can Taitron's dividend policy be changed or suspended?

Yes, the Board of Directors can suspend or cancel the dividend policy at their discretion if they determine it's in the best interests of stockholders.