Deswell Industries, Inc. (NASDAQ:DSWL) announced a quarterly dividend on Wednesday, June 14th, Wall Street Journal reports. Investors of record on Monday, June 26th will be paid a dividend of 0.07 per share by the technology company on Wednesday, July 12th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 13.66%. The ex-dividend date of this dividend is Thursday, June 22nd.
Shares of Deswell Industries (NASDAQ:DSWL) opened at 2.05 on Friday. The stock has a market capitalization of $32.56 million, a PE ratio of 23.84 and a beta of 0.71. Deswell Industries has a 52 week low of $1.50 and a 52 week high of $2.16. The company’s 50 day moving average price is $1.94 and its 200-day moving average price is $1.87.
TRADEMARK VIOLATION WARNING: This piece was first published by WKRB News and is the property of of WKRB News. If you are viewing this piece on another website, it was stolen and reposted in violation of US and international trademark and copyright legislation. The legal version of this piece can be accessed at https://www.wkrb13.com/markets/2230106/deswell-industries-inc-dswl-plans-0-07-quarterly-dividend.html.
About Deswell Industries
Deswell Industries, Inc is engaged in the manufacturing and selling of injection-molded plastic parts and components. The Company also provides manufacturing services for electronic products and subassemblies, and manufactures metallic molds and accessory parts for original equipment manufacturers (OEMs) and contract manufacturers.
This story was originally published by WKRB News (https://www.wkrb13.com) and is the sole property of WKRB News. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at https://www.wkrb13.com/markets/2230106/deswell-industries-inc-dswl-plans-0-07-quarterly-dividend.html
Receive News & Ratings for Deswell Industries Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deswell Industries Inc. and related companies with MarketBeat.com's FREE daily email newsletter.