SATA Technology Co., Ltd. (NASDAQ:SATA) Plans Dividend of $0.05

SATA Technology Co., Ltd. (NASDAQ:SATA) announced a dividend on Monday, October 5th. Investors of record on Thursday, October 29th will be paid a dividend of $0.0516 per share on Friday, October 30th. The ex-dividend date of this dividend is Thursday, October 29th.

SATA Technology Stock Performance

Shares of SATA Technology stock remained flat at $100.01 on Tuesday. 550,840 shares of the stock were exchanged, compared to its average volume of 312,767. SATA Technology has a twelve month low of $79.01 and a twelve month high of $101.35.

Insider Activity at SATA Technology

In related news, CMO Arshia Sarkhani sold 5,634 shares of the business’s stock in a transaction on Monday, October 5th. The stock was sold at an average price of $31.33, for a total transaction of $176,513.22. Following the completion of the transaction, the chief marketing officer directly owned 11,795 shares of the company’s stock, valued at $369,537.35. The trade was a 32.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Jonathan R. Macey sold 6,700 shares of the business’s stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $30.32, for a total value of $203,144.00. Following the transaction, the director directly owned 8,115 shares of the company’s stock, valued at approximately $246,046.80. This represents a 45.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 42,620 shares of company stock worth $1,325,038 over the last 90 days.