CTS Corporation Declares a Dividend

Rhea-AI Summary

The Board of Directors of CTS has declared a cash dividend of $0.04 per share, payable on January 13, 2023, to shareholders on record as of December 9, 2022. This decision reflects the company's commitment to returning value to its shareholders. CTS operates in the aerospace, industrial, medical, and transportation sectors, manufacturing sensors and electronic components across North America, Europe, and Asia. Further details can be found at www.ctscorp.com.

Positive

• Dividend of $0.04 per share demonstrates commitment to shareholder returns.

Negative

• None.

LISLE, Ill., Nov. 10, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of CTS Corporation (NYSE: CTS) declared a cash dividend of $0.04 per share, payable January 13, 2023, to shareholders of record at the close of business on December 9, 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
+1 (630) 577-8800
ashish.agrawal@ctscorp.com

FAQ

When will CTS pay its next dividend?

CTS will pay its next dividend on January 13, 2023.

What is the dividend amount declared by CTS?

CTS declared a dividend amount of $0.04 per share.

What is the record date for CTS's dividend?

The record date for CTS's dividend is December 9, 2022.