Deswell Industries, Inc. Announces Special Dividend of $0.20 (NASDAQ:DSWL)

Deswell Industries, Inc. (NASDAQ:DSWL) announced a special dividend on Wednesday, June 17th. Stockholders of record on Thursday, July 2nd will be given a dividend of 0.20 per share by the technology company on Thursday, July 16th. The ex-dividend date of this dividend is Thursday, July 2nd.

Deswell Industries has raised its dividend by an average of 0.1%annually over the last three years.

Deswell Industries Price Performance

Deswell Industries stock opened at $3.51 on Thursday. The firm has a 50 day simple moving average of $3.33 and a 200-day simple moving average of $3.38. Deswell Industries has a 1-year low of $2.35 and a 1-year high of $4.48. The stock has a market cap of $55.95 million, a price-to-earnings ratio of 7.31 and a beta of 0.66.

Deswell Industries Company Profile

Deswell Industries, Inc (NASDAQ: DSWL) is a China-based medical device company that designs, develops, manufactures and distributes airway management and respiratory care products. The company’s product portfolio includes laryngeal mask airways, disposable endotracheal tubes, nebulizers, oxygen therapy equipment, humidifiers and related ventilator accessories. Deswell’s devices are used in hospitals, clinics and home-care settings to support anesthesia, emergency medicine and respiratory treatment.

Founded in 2003 and headquartered in Shenzhen, Deswell operates multiple manufacturing facilities that comply with international quality standards, including FDA 510(k) clearances and CE markings for many of its devices.