Taitron Announces Quarterly Cash Dividend

Rhea-AI Summary

Taitron (OTCID:TAIT) declared a quarterly cash dividend of $0.035 per common share, payable May 29, 2026 to shareholders of record as of May 15, 2026. The company targets an annual dividend of $0.14 per share paid as four equal quarterly installments. The Board may suspend or cancel the dividend policy at its discretion.

Positive

• Quarterly dividend set at $0.035 per share
• Annual target dividend of $0.14 per share (four quarterly payments)
• Payment date scheduled for May 29, 2026

Negative

• Board discretion allows suspension or cancellation of the dividend at any time
• Record date requirement (May 15, 2026) limits eligibility to registered holders

News Market Reaction – TAIT

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-5.63% Session close to close

In the May 4 session, TAIT declined 5.63%, reflecting a notable negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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LOS ANGELES, May 01, 2026 (GLOBE NEWSWIRE) -- Taitron Components Incorporated (OTCID:TAIT) today announced that its Board of Directors has declared a quarterly cash dividend of $0.035 per common share. The dividend is payable on May 29, 2026 to shareholders of record as of the close of business on May 15, 2026. Under our current dividend policy, the Company will target a cash dividend to our shareholders 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 shareholders. 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 dividend did Taitron (TAIT) declare on May 1, 2026?

Taitron declared a $0.035 per share quarterly cash dividend payable May 29, 2026. According to the company, the dividend is payable to shareholders of record as of the close of business on May 15, 2026.

When will Taitron (TAIT) shareholders receive the May 2026 dividend?

The dividend payment date is May 29, 2026, for shareholders of record on May 15, 2026. According to the company, the Board set the record date and payment date for this quarterly installment.

What is Taitron's annual dividend target and how is it paid?

Taitron targets an annual cash dividend of $0.14 per share, paid in four equal quarterly installments of $0.035. According to the company, this is the current dividend policy and subject to Board approval.

Who is eligible for the TAIT dividend payable May 29, 2026?

Shareholders of record as of the close of business on May 15, 2026 are eligible for the May 29, 2026 payment. According to the company, eligibility depends on being a registered shareholder by the record date.

Can Taitron (TAIT) change or stop its dividend policy?

Yes. The Board may suspend or cancel the dividend policy at its discretion. According to the company, future declarations and dates remain subject to the Board's continuing determination.