Deswell Industries, Inc. (DSWL) Plans $0.07 Quarterly Dividend

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.

Dividend History for Deswell Industries (NASDAQ:DSWL)

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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.

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