CTS Corporation Declares a Dividend

Rhea-AI Summary

CTS Corporation (NYSE: CTS) has declared a cash dividend of $0.04 per share, set to be paid on July 22, 2022, to shareholders on record as of June 17, 2022. The company specializes in designing and manufacturing sensors, actuators, and electronic components for diverse markets like aerospace, industrial, medical, and transportation. CTS operates globally with facilities in North America, Europe, and Asia.

Positive

• Declared a cash dividend of $0.04 per share, reinforcing shareholder returns.
• Diverse product offerings in high-demand markets such as aerospace and medical.

Negative

• None.

LISLE, Ill., May 12, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of CTS Corporation (NYSE: CTS) declared a cash dividend of $0.04 per share, payable July 22, 2022, to shareholders of record at the close of business on June 17, 2022.

About CTS
CTS (NYSE: CTS) is a leading designer and manufacturer of products that Sense, Connect, and Move. The company manufactures sensors, actuators, and electronic components in North America, Europe, and Asia, and provides engineered products to customers in the aerospace/defense, industrial, medical, and transportation markets.

For more information, visit www.ctscorp.com.

Contact
Ashish Agrawal
Vice President and Chief Financial Officer

CTS Corporation
4925 Indiana Avenue
Lisle, IL 60532
USA

Telephone: +1 (630) 577-8800
Email: ashish.agrawal@ctscorp.com

FAQ

What is the dividend amount declared by CTS Corporation?

CTS Corporation declared a cash dividend of $0.04 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on July 22, 2022.

What is the record date for the CTS dividend?

The record date for the dividend is June 17, 2022.

What sectors does CTS Corporation serve?

CTS Corporation serves sectors including aerospace, industrial, medical, and transportation.