SATA Technology Co., Ltd. (NASDAQ:SATA) Shares to Pay Dividend of $0.05

SATA Technology Co., Ltd. (NASDAQ:SATA) announced a dividend on Tuesday, September 15th. Shareholders of record on Friday, October 16th will be given a dividend of $0.0516 per share on Monday, October 19th. The ex-dividend date of this dividend is Friday, October 16th.

SATA Technology Price Performance

Shares of NASDAQ SATA opened at $98.79 on Wednesday. SATA Technology has a 12-month low of $79.01 and a 12-month high of $101.35. The firm’s 50 day simple moving average is $99.87.

Insider Transactions at SATA Technology

In other SATA Technology news, CMO Arshia Sarkhani sold 5,634 shares of the business’s stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $31.33, for a total transaction of $176,513.22. Following the completion of the sale, 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. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Brian Logan Beirne sold 20,077 shares of the company’s stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $31.33, for a total value of $629,012.41. Following the completion of the sale, the insider owned 41,425 shares of the company’s stock, valued at approximately $1,297,845.25. The trade was a 32.64% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 42,620 shares of company stock worth $1,325,038 over the last three months.