SATA Technology Co., Ltd. (NASDAQ:SATA) Declares Dividend of $0.05

SATA Technology Co., Ltd. (NASDAQ:SATA) declared a dividend on Saturday, October 3rd. Shareholders of record on Thursday, October 15th will be paid a dividend of $0.0516 per share on Friday, October 16th. The ex-dividend date is Thursday, October 15th.

SATA Technology Stock Up 0.3%

Shares of SATA stock opened at $99.40 on Tuesday. SATA Technology has a 52 week low of $79.01 and a 52 week high of $101.35.

Insiders Place Their Bets

In related news, Director Jonathan R. Macey sold 6,700 shares of the business’s stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $30.32, for a total transaction of $203,144.00. Following the completion of the transaction, the director owned 8,115 shares in the company, valued at $246,046.80. The trade was a 45.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CMO Arshia Sarkhani sold 5,634 shares of the company’s stock in a transaction on Monday, October 5th. The stock was sold at an average price of $31.33, for a total value of $176,513.22. Following the transaction, the chief marketing officer owned 11,795 shares of the company’s stock, valued at approximately $369,537.35. The trade was a 32.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 42,620 shares of company stock worth $1,325,038.