PCTEL Declares Regular Quarterly Dividend

Rhea-AI Summary

PCTEL, Inc. (PCTI) has declared a quarterly dividend of $0.055 per share on its common stock. This dividend will be payable on May 15, 2023 to shareholders of record as of May 8, 2023. PCTEL is known for providing wireless technology solutions, including Industrial IoT devices, antenna systems, and test and measurement products. The company has gained trust from customers for over 29 years in addressing complex wireless challenges.

Positive

• Declared quarterly dividend of $0.055 per share.
• Dividend payment indicates company confidence.
• Company has a strong history of providing wireless solutions for over 29 years.

Negative

• None.

BLOOMINGDALE, Ill.--(BUSINESS WIRE)-- PCTEL, Inc. (Nasdaq: PCTI), a leading global provider of wireless technology solutions, announced today the declaration of its regular quarterly dividend of $0.055 per share on its common stock. This dividend will be payable on May 15, 2023 to shareholders of record at the close of business on May 8, 2023.

About PCTEL

PCTEL is a leading global provider of wireless connectivity solutions, including purpose-built Industrial IoT devices, antenna systems, and test and measurement products. Trusted by our customers for over 29 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. © 2023 PCTEL, Inc. All rights reserved.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230424005012/en/

PCTEL Company Contact

Suzanne Cafferty

Vice President, Global Marketing

PCTEL, Inc.

(630) 339-2107

public.relations@pctel.com

PCTEL Investor Relations Contact

Lisa Fortuna or Ashley Gruenberg

Alpha IR Group

312-445-2870

PCTI@alpha-ir.com

Source: PCTEL, Inc.

FAQ

What is the amount of PCTI's quarterly dividend?

PCTI's quarterly dividend is $0.055 per share.

When will PCTI's dividend be paid?

PCTI's dividend will be paid on May 15, 2023.

What is the record date for PCTI's dividend payment?

The record date for PCTI's dividend payment is May 8, 2023.

How long has PCTI been providing wireless solutions?

PCTI has been providing wireless solutions for over 29 years.