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PCTEL Declares Regular Quarterly Dividend

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PCTEL, Inc. (Nasdaq: PCTI) has declared a quarterly dividend of $0.055 per share on its common stock, set for payment on February 15, 2021. Shareholders of record as of February 8, 2021 will receive this dividend. The company anticipates that the 2021 dividends will be classified as a return of capital for U.S. income tax purposes. For further information, investors can access IRS Form 8937 on the company's website.

Positive
  • Quarterly dividend of $0.055 per share increases shareholder income.
  • Dividend payment reflects company confidence in financial stability.
Negative
  • None.

PCTEL, Inc. (Nasdaq: PCTI), a leading global provider of wireless technology, announced today the declaration of its regular quarterly dividend of $0.055 per share on its common stock. This dividend will be payable on February 15, 2021 to shareholders of record at the close of business on February 8, 2021.

The Company believes its 2021 dividend payments will be a return of capital for U.S. income tax purposes. See IRS Form 8937 posted on the Company’s website at http://investor.pctel.com/stock-information/dividends-IRSforms.

About PCTEL

PCTEL is a leading global provider of wireless technology, including purpose-built Industrial IoT devices, antenna systems, and test and measurement solutions. Trusted by our customers for over 25 years, we solve complex wireless challenges to help organizations stay connected, transform, and grow.

For more information, please visit our website at https://www.pctel.com/.

PCTEL® is a registered trademark of PCTEL, Inc. © 2021 PCTEL, Inc. All rights reserved.

FAQ

What is the dividend amount for PCTI in 2021?

PCTI has declared a dividend of $0.055 per share for 2021.

When will the PCTI dividend be paid?

The dividend will be payable on February 15, 2021.

Who is eligible to receive the PCTI dividend?

Shareholders on record as of February 8, 2021, are eligible to receive the dividend.

What tax implications are there for the PCTI dividend?

The company expects the 2021 dividends to be a return of capital for U.S. income tax purposes.

PCTEL, Inc.

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Communication Equipment
Technology
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United States
Bloomingdale