CTS Corporation Declares a Dividend

Rhea-AI Summary

CTS Corporation (NYSE: CTS) declared a cash dividend of $0.04 per share, set to be paid on July 24, 2020. Shareholders must be on record by June 19, 2020.

CTS is a key player in designing and manufacturing products that Sense, Connect, and Move. Their offerings include sensors, actuators, and electronic components catered to various sectors such as aerospace, industrial, medical, telecommunications, and transportation. For more details, visit www.ctscorp.com.

Positive

• Declaration of a cash dividend of $0.04 per share.
• Dividend payment demonstrates confidence in company performance.

Negative

• None.

LISLE, Ill. , May 14, 2020 (GLOBE NEWSWIRE) -- The Board of Directors of CTS Corporation (NYSE: CTS) declared a cash dividend of $0.04 per share, payable July 24, 2020, to shareholders of record at the close of business on June 19, 2020.

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 amount declared by CTS?

CTS declared a cash dividend of $0.04 per share.

When is the CTS dividend payment date?

The dividend payment date is July 24, 2020.

What is the record date for the CTS dividend?

The record date for the dividend is June 19, 2020.

How often does CTS pay dividends?

The press release does not specify the frequency of CTS's dividend payments.