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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, set to be paid on May 14, 2021, to shareholders recorded by May 7, 2021. This dividend is considered a return of capital for U.S. tax purposes. The company specializes in wireless technology solutions, including Industrial IoT devices, antenna systems, and test and measurement solutions. PCTEL has been trusted by customers for over 25 years, delivering innovative wireless solutions that enhance connectivity and foster growth.

Positive
  • Quarterly dividend of $0.055 per share enhances shareholder income.
  • Company's consistent dividend payments reflect confidence in financial health.
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 May 14, 2021 to shareholders of record at the close of business on May 7, 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 amount of the dividend declared by PCTEL (PCTI)?

PCTEL declared a quarterly dividend of $0.055 per share.

When will PCTEL’s dividend be paid?

The dividend will be payable on May 14, 2021.

What is the record date for PCTEL's dividend?

The record date for the dividend is May 7, 2021.

How does PCTEL’s dividend affect U.S. tax filings?

The dividend is characterized as a return of capital for U.S. income tax purposes.

PCTEL, Inc.

NASDAQ:PCTI

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135.28M
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Communication Equipment
Technology
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United States
Bloomingdale