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Taitron Components Inc - TAIT STOCK NEWS

Welcome to our dedicated page for Taitron Components news (Ticker: TAIT), a resource for investors and traders seeking the latest updates and insights on Taitron Components stock.

Taitron Components Inc., symbol TAIT, is renowned as the 'Discrete Components Superstore'. Established in 1989 and headquartered in Valencia, California, Taitron specializes in distributing a comprehensive range of discrete semiconductors, optoelectronic devices, and passive components. The company's core business revolves around providing these essential electronic components to electronic distributors, contract electronic manufacturers (CEMs), and original equipment manufacturers (OEMs).

Taitron takes pride in its extensive inventory, boasting over 1.6 billion discrete components and more than 13,000 distinct product lines. This vast inventory is a key competitive advantage, allowing Taitron to meet the diverse needs of its customers effectively. In addition to distribution, the company offers value-added engineering and turn-key solutions, focusing on providing original design and manufacturing (ODM) products tailored to multi-year projects.

The company's product offerings include discrete semiconductors, small electronic devices, and brand-name electronic components. Taitron's operations are supported by its locations in Taiwan and China, which facilitate inventory sourcing, purchases, and coordination of ODM projects.

Taitron's commitment to customer satisfaction is evident in its corporate culture and management principles, which emphasize operating efficiency and quality service. The company has garnered industry recognition, being ranked as the 44th largest electronics distributor and the 16th largest distributor of discrete semiconductors in North America by Electronic Buyers News in 2000.

Recent news highlights the company's dividend policy, with dividend declarations subject to the Board of Directors' ongoing assessment of shareholder interests. Taitron's dividend policy may be adjusted or suspended as deemed necessary by the Board.

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Taitron Components Incorporated (NASDAQ:TAIT) declared a quarterly cash dividend of $0.045 per share, payable on August 12, 2022, to stockholders of record as of August 31, 2022. The total targeted annual cash dividend is $0.18 per share, distributed in equal quarterly installments. Future dividend declarations will depend on the Board's assessment of their benefit to stockholders and may be suspended at their discretion. Taitron, based in Valencia, California, specializes in distributing discrete semiconductors and providing engineering services.

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Taitron Components (NASDAQ:TAIT) has declared a one-time special cash dividend of $0.10 per share, alongside its regular quarterly cash dividend of $0.045 per share, totaling $0.145 per share. Payments are scheduled for May 31, 2022 to stockholders on record by May 13, 2022, amounting to approximately $852,000. President Stewart Wang stated that the decision underscores the company’s strong balance sheet while maintaining financial flexibility. The company targets an annual dividend of $0.18 going forward.

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Taitron Components Incorporated (NASDAQ:TAIT) has declared a quarterly cash dividend of $0.045 per share, payable on February 28, 2022, to stockholders of record by February 11, 2022. The company aims to distribute $0.18 per share annually, divided into four equal payments. Future dividends remain contingent on the Board's assessment of the policy's benefit to stockholders. Taitron distributes various electronic components and offers value-added engineering services to original equipment manufacturers and contract electronic manufacturers.

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Taitron Components (NASDAQ:TAIT) announced a quarterly cash dividend of $0.045 per share, payable on November 30, 2021. This marks a 12.5% increase from the previous dividend of $0.04. The total annual dividend is now targeted at $0.18 per share, distributed in quarterly installments of $0.045. Stockholders of record as of November 12, 2021 will be eligible for this dividend. Future dividends are subject to the Board's discretion based on the best interests of shareholders.

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Taitron Components Incorporated (NASDAQ:TAIT) has announced a quarterly cash dividend of $0.04 per share, payable on August 31, 2021, to stockholders of record as of the close of business on August 13, 2021. The company aims for an annual dividend of $0.16, distributed in quarterly installments. Future dividends depend on the Board of Directors' assessment of what is beneficial for stockholders. Taitron, located in Valencia, California, specializes in distributing discrete semiconductors and providing engineering services.

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Taitron Components (NASDAQ:TAIT) has declared a quarterly cash dividend of $0.04 per share, which will be payable on May 28, 2021 to stockholders on record by May 14, 2021. This is part of the company's revised dividend policy targeting an annual cash dividend of $0.16 per share, distributed in quarterly installments. Future dividend payments are contingent upon the Board's assessment of the policy's benefit to stockholders and can be suspended or canceled at any time.

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Taitron Components Incorporated (NASDAQ:TAIT) declared a quarterly cash dividend of $0.04 per share, payable on February 26, 2021, to stockholders of record as of February 12, 2021. The company revised its policy to target an annual cash dividend of $0.16 per share, distributed in quarterly installments. Future dividend declarations will depend on the Board's assessment of its benefits to stockholders, with the policy subject to suspension or cancellation at their discretion.

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Taitron Components Incorporated (NASDAQ:TAIT) has declared a quarterly cash dividend of $0.04 per share, payable on November 30, 2020 to stockholders of record as of November 13, 2020. This represents a 14.3% increase from the previous dividend of $0.035 per share, aligning with the company's new annual target of $0.16 per share. Future dividends will depend on the Board's assessment of shareholder interests and may be suspended or canceled at their discretion.

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Taitron Components Incorporated (NASDAQ:TAIT) has declared a quarterly cash dividend of $0.035 per share, payable on August 31, 2020 to stockholders of record as of August 14, 2020. The new dividend policy targets an annual payout of $0.14 per share, distributed in quarterly installments of $0.035. Future dividends will depend on the Board's determination that this policy is beneficial for stockholders and may be suspended or canceled at their discretion.

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FAQ

What is the current stock price of Taitron Components (TAIT)?

The current stock price of Taitron Components (TAIT) is $2.565 as of November 22, 2024.

What is the market cap of Taitron Components (TAIT)?

The market cap of Taitron Components (TAIT) is approximately 15.4M.

What does Taitron Components Inc. specialize in?

Taitron specializes in the distribution of discrete semiconductors, optoelectronic devices, and passive components to electronic distributors, CEMs, and OEMs.

What is Taitron's competitive advantage?

Taitron's competitive advantage lies in its extensive inventory of over 1.6 billion discrete components and more than 13,000 distinct product lines.

Where is Taitron Components Inc. headquartered?

Taitron Components Inc. is headquartered in Valencia, California.

What additional services does Taitron offer?

In addition to distribution, Taitron offers value-added engineering and turn-key solutions, focusing on providing ODM products for multi-year projects.

What are Taitron's main markets?

Taitron serves electronic distributors, contract electronic manufacturers (CEMs), and original equipment manufacturers (OEMs).

How does Taitron support its operations in Taiwan and China?

Taitron's locations in Taiwan and China assist with inventory sourcing, purchases, and coordination of ODM projects.

What recognition has Taitron received in the industry?

Taitron was ranked the 44th largest electronics distributor and the 16th largest distributor of discrete semiconductors in North America by Electronic Buyers News in 2000.

What is Taitron's dividend policy?

Taitron's dividend policy is subject to the Board of Directors' ongoing assessment and may be adjusted or suspended as deemed necessary.

What types of products does Taitron distribute?

Taitron distributes a wide range of discrete semiconductors, optoelectronic devices, passive components, and brand-name electronic components.

How does Taitron ensure customer satisfaction?

Taitron promotes a strong corporate culture and management principles focused on operating efficiency and quality service to ensure customer satisfaction.

Taitron Components Inc

Nasdaq:TAIT

TAIT Rankings

TAIT Stock Data

15.44M
3.17M
39.66%
21.27%
0.05%
Electronics & Computer Distribution
Wholesale-electronic Parts & Equipment, Nec
Link
United States of America
VALENCIA