Deswell Industries Declares Quarterly Dividend of $0.05 (DSWL)
Deswell Industries (NASDAQ:DSWL) announced a quarterly dividend on Tuesday, February 25th, American Banking News reports. Shareholders of record on Monday, March 10th will be paid a dividend of 0.05 per share on Friday, March 28th. This represents a $0.20 annualized dividend and a dividend yield of 8.58%.
Shares of Deswell Industries (NASDAQ:DSWL) remained flat at $2.33 during during mid-day trading trading on Tuesday. Deswell Industries has a 1-year low of $2.18 and a 1-year high of $2.72. The stock’s 50-day moving average is $2.36 and its 200-day moving average is $2.45. The company’s market cap is $38.0 million.
Deswell Industries (NASDAQ:DSWL) last issued its quarterly earnings data on Tuesday, February 25th. The company reported ($0.09) earnings per share (EPS) for the quarter. The company had revenue of $10.70 million for the quarter, compared to the consensus estimate of $13.70 million.
Deswell Industries, Inc (NASDAQ:DSWL) is an independent manufacturer of injection-molded plastic parts and components, electronic products and subassemblies and metallic molds and accessory parts for original equipment manufacturers (OEMs) and contract manufacturers.
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