SATA Technology Co., Ltd. (NASDAQ:SATA) Shares Will Pay Dividend of $0.05

SATA Technology Co., Ltd. (NASDAQ:SATA) declared a dividend on Saturday, October 3rd. Shareholders of record on Thursday, October 15th will be paid a dividend of $0.0516 per share on Friday, October 16th. The ex-dividend date of this dividend is Thursday, October 15th.

SATA Technology Price Performance

Shares of NASDAQ SATA opened at $99.40 on Tuesday. SATA Technology has a one year low of $79.01 and a one year high of $101.35.

Insider Transactions at SATA Technology

In other news, insider Brian Logan Beirne sold 20,077 shares of the company’s stock in a transaction on Monday, October 5th. The shares were sold at an average price of $31.33, for a total value of $629,012.41. Following the completion of the sale, the insider owned 41,425 shares of the company’s stock, valued at approximately $1,297,845.25. This represents a 32.64% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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 stock in a transaction on Monday, October 5th. The shares were sold at an average price of $30.32, for a total transaction of $203,144.00. Following the transaction, the director directly owned 8,115 shares in the company, valued at approximately $246,046.80. This represents a 45.22% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 42,620 shares of company stock worth $1,325,038.