Deswell Industries, Inc. (DSWL) to Issue Quarterly Dividend of $0.07
Deswell Industries, Inc. (NASDAQ:DSWL) announced a quarterly dividend on Wednesday, June 14th, Wall Street Journal reports. Investors of record on Monday, June 26th will be given a dividend of 0.07 per share by the technology company on Wednesday, July 12th. This represents a $0.28 dividend on an annualized basis and a yield of 11.97%. The ex-dividend date is Thursday, June 22nd.
Deswell Industries (DSWL) traded up 0.43% during trading on Friday, hitting $2.34. 53,509 shares of the stock were exchanged. Deswell Industries has a 1-year low of $1.54 and a 1-year high of $2.39. The company has a 50-day moving average price of $2.00 and a 200 day moving average price of $1.89. The firm has a market capitalization of $37.17 million, a price-to-earnings ratio of 27.21 and a beta of 0.66.
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Deswell Industries Company Profile
Deswell Industries, Inc is engaged in the manufacturing and selling of injection-molded plastic parts and components. The Company also provides manufacturing services for electronic products and subassemblies, and manufactures metallic molds and accessory parts for original equipment manufacturers (OEMs) and contract manufacturers.
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