SATA Technology Co., Ltd. (NASDAQ:SATA – Get Free Report) declared a dividend on Tuesday, August 18th. Stockholders of record on Tuesday, September 29th will be paid a dividend of 0.0516 per share on Wednesday, September 30th. The ex-dividend date of this dividend is Tuesday, September 29th.
SATA Technology Price Performance
SATA Technology stock traded up $0.21 during mid-day trading on Wednesday, hitting $99.90. 152,413 shares of the company were exchanged, compared to its average volume of 265,731. SATA Technology has a 12-month low of $79.01 and a 12-month high of $101.35.
Key Headlines Impacting SATA Technology
Here are the key news stories impacting SATA Technology this week:
- Positive Sentiment: Director purchased shares: Director Pierre Rochard acquired 15,900 shares for approximately $199,386, according to a Securities and Exchange Commission filing. The purchase may signal confidence in SATA Technology’s outlook and provide support for investor sentiment. SEC insider transaction filing
- Positive Sentiment: Dividend declared: SATA Technology announced a cash dividend of $0.0516 per share, with a payment scheduled for September 30 to shareholders of record on September 29. The dividend reinforces the company’s shareholder-return policy, though its relatively small size is unlikely to materially change the stock’s valuation.
- Neutral Sentiment: Dividend-date discrepancies: Multiple duplicate notices cite different record, ex-dividend, and payment dates—including August 24–31 and September 29. Investors should confirm the applicable schedule with SATA Technology or its transfer agent before relying on a particular date.
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