TransAct Technologies Declares Quarterly Cash Dividend of $0.09 Per Share
HAMDEN, Conn.--(BUSINESS WIRE)--Jul 30, 2018--TransAct Technologies Incorporated (Nasdaq: TACT), a global leader in software-driven technology and printing solutions for high-growth markets, announced today that its Board of Directors has declared a quarterly cash dividend of $0.09 per share. The dividend will be payable on September 14, 2018, to shareholders of record at the close of business on August 20, 2018. On an annualized basis, the quarterly dividend represents an annual yield of 3.1% based on the $11.55 per share closing price of the Company’s stock on July 27, 2018.
About TransAct Technologies Incorporated
TransAct Technologies Incorporated is a global leader in developing software-driven technology and printing solutions for high-growth markets including restaurant solutions, POS automation, casino and gaming, lottery, and oil and gas. The Company’s solutions are designed from the ground up based on customer requirements and are sold under the AccuDate™, EPICENTRAL®, Epic®, Ithaca®, and Printrex® brands. TransAct has over 3.0 million printers and terminals installed around the world and is committed to providing world-class service, spare parts and accessories to support its installed product base. Through the TransAct Services Group, the Company also provides customers with a complete range of supplies and consumable items both online at http://www.transactsupplies.com and through its direct sales team. TransAct is headquartered in Hamden, CT. For more information, please visit http://www.transact-tech.com or call (203) 859-6800.
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TransAct Technologies Incorporated
Steve DeMartino, President and Chief Financial Officer, 203-859-6810
Richard Land, Joseph Jaffoni, Jim Leahy, 212-835-8500
KEYWORD: UNITED STATES NORTH AMERICA CONNECTICUT
INDUSTRY KEYWORD: TECHNOLOGY SOFTWARE RETAIL OTHER RETAIL
SOURCE: TransAct Technologies Incorporated
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PUB: 07/30/2018 07:30 AM/DISC: 07/30/2018 07:31 AM