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LOS ANGELES - Taitron Components Incorporated (NASDAQ:TAIT) announced Friday that its Board of Directors has declared a quarterly cash dividend of $0.035 per share of common stock, maintaining its attractive 5.6% dividend yield at the current share price of $2.38.
The dividend will be payable on November 26, 2025, to stockholders of record as of the close of business on November 14, 2025, according to the company's press release.
Under Taitron's current dividend policy, the company targets an annual cash dividend of $0.14 per share, distributed in equal quarterly installments of $0.035 per share.
The company noted that future dividend declarations and the establishment of record and payment dates remain subject to the Board's ongoing determination that the dividend policy serves the best interests of stockholders. The policy may be suspended or cancelled at the Board's discretion.
Taitron Components, based in Valencia, California, distributes various electronic components including transistors, diodes, semiconductors, optoelectronic devices, and passive components to electronic distributors, contract electronic manufacturers, and original equipment manufacturers. The company also provides value-added engineering and turn-key services for existing customers.
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