CTS Corporation Declares a Dividend

Rhea-AI Summary

CTS Corporation's Board of Directors has declared a cash dividend of $0.04 per share, scheduled for payment on April 23, 2021. Shareholders of record as of March 19, 2021 will be eligible for this dividend.

CTS operates in various markets, providing sensors, actuators, and electronic components across North America, Europe, and Asia, focusing on sectors like aerospace, industrial, medical, telecommunications, and transportation.

Positive

• Dividend of $0.04 per share enhances shareholder value.

Negative

• None.

LISLE, Ill., Feb. 11, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of CTS Corporation (NYSE: CTS) declared a cash dividend of $0.04 per share, payable April 23, 2021, to shareholders of record at the close of business on March 19, 2021.

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, telecommunications/IT, 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 payout amount for CTS Corporation?

The declared dividend payout is $0.04 per share.

When will the CTS Corporation dividend be paid?

The dividend is scheduled to be paid on April 23, 2021.

What is the record date for the CTS Corporation dividend?

The record date for the dividend is March 19, 2021.

How frequently does CTS Corporation pay dividends?

CTS Corporation typically announces dividends quarterly.

Is the dividend from CTS Corporation sustainable?

The sustainability of the dividend depends on the company's financial performance and market conditions.