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LISLE, Ill. - CTS Corporation (NYSE:CTS) announced Thursday that its Board of Directors has declared a cash dividend of $0.04 per share on outstanding shares of common stock, representing a 0.39% yield. The dividend will be paid on October 24, 2025, to shareholders of record at the close of business on September 26, 2025. According to InvestingPro data, CTS has maintained dividend payments for an impressive 55 consecutive years.
CTS Corporation, headquartered in Lisle, Illinois, operates as a designer and manufacturer of sensors, actuators, and electronic components. The $1.22 billion market cap company serves customers in the aerospace/defense, industrial, medical, and transportation markets with manufacturing facilities across North America, Europe, and Asia. The company maintains strong financial health with a current ratio of 2.61 and moderate debt levels, as revealed by InvestingPro’s comprehensive analysis, which includes 6 additional key insights available to subscribers.
The quarterly dividend announcement represents a continuation of the company’s regular dividend payments to shareholders. The dividend amount remains unchanged from previous distributions.
According to the press release statement, CTS specializes in products that "Sense, Connect and Move," reflecting its focus on sensor and electronic component technologies for various industrial applications.
In other recent news, CTS Corporation reported its second-quarter 2025 earnings, which exceeded analyst expectations. The company achieved an adjusted earnings per share (EPS) of $0.57, surpassing the forecasted $0.55. Revenue also outperformed predictions, reaching $135.3 million compared to the anticipated $132.65 million. These results indicate a strong performance for the quarter. The positive earnings and revenue figures reflect well on CTS Corporation’s current financial health. Analysts had projected lower figures, but the company managed to deliver better-than-expected results. This development is part of a series of recent updates from CTS Corporation.
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