SATA Technology Co., Ltd. (SATA) to Issue Dividend of $0.06 on November 30th

SATA Technology Co., Ltd. (NASDAQ:SATA) declared a dividend on Wednesday, October 14th. Shareholders of record on Friday, November 27th will be paid a dividend of $0.0571 per share on Monday, November 30th. The ex-dividend date is Friday, November 27th. This is a 10.7% increase from SATA Technology’s previous dividend of $0.0516.

SATA Technology Stock Performance

Shares of SATA stock opened at $97.85 on Friday. SATA Technology has a 1 year low of $79.01 and a 1 year high of $101.35. The firm’s fifty day moving average price is $99.77.

Insider Transactions at SATA Technology

In other SATA Technology news, Director Jonathan R. Macey sold 6,700 shares of the company’s stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $30.32, for a total value of $203,144.00. Following the completion of the sale, the director directly owned 8,115 shares of the company’s stock, valued at approximately $246,046.80. This represents a 45.22% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Brian Logan Beirne sold 20,077 shares of the stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $31.33, for a total transaction of $629,012.41. Following the sale, the insider directly owned 41,425 shares of the company’s stock, valued at approximately $1,297,845.25. This represents a 32.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 42,620 shares of company stock valued at $1,325,038 in the last quarter.