Deswell Industries, Inc. Plans Quarterly Dividend of $0.07 (DSWL)
Deswell Industries, Inc. (NASDAQ:DSWL) announced a quarterly dividend on Wednesday, June 14th, Wall Street Journal reports. Stockholders of record on Monday, June 26th will be given a dividend of 0.07 per share by the technology company on Wednesday, July 12th. This represents a $0.28 annualized dividend and a dividend yield of 14.07%. The ex-dividend date of this dividend is Thursday, June 22nd.
Deswell Industries (DSWL) traded down 0.50% during mid-day trading on Wednesday, hitting $1.99. 17,247 shares of the stock traded hands. The stock has a 50 day moving average price of $1.93 and a 200 day moving average price of $1.87. The firm has a market cap of $31.61 million, a PE ratio of 23.14 and a beta of 0.71. Deswell Industries has a 12-month low of $1.50 and a 12-month high of $2.03.
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Deswell Industries Company Profile
Deswell Industries, Inc is engaged in the manufacturing and selling of injection-molded plastic parts and components. The Company also provides manufacturing services for electronic products and subassemblies, and manufactures metallic molds and accessory parts for original equipment manufacturers (OEMs) and contract manufacturers.
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