SATA Technology Co., Ltd. (NASDAQ:SATA) to Issue Dividend of $0.06

SATA Technology Co., Ltd. (NASDAQ:SATA) declared a dividend on Wednesday, October 14th. Investors of record on Friday, November 27th will be paid a dividend of $0.0571 per share on Monday, November 30th. The ex-dividend date of this dividend is Friday, November 27th. This is a 10.7% increase from SATA Technology’s previous dividend of $0.0516.

SATA Technology Price Performance

Shares of SATA opened at $97.67 on Thursday. SATA Technology has a one year low of $79.01 and a one year high of $101.35. The stock’s 50 day moving average price is $99.82.

Insider Buying and Selling

In other SATA Technology news, CFO Benjamin Pham sold 4,209 shares of the stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $31.33, for a total value of $131,867.97. Following the completion of the sale, the chief financial officer owned 17,365 shares in the company, valued at approximately $544,045.45. This represents a 19.51% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Jonathan R. Macey sold 6,700 shares of SATA Technology stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $30.32, for a total value of $203,144.00. Following the transaction, the director owned 8,115 shares in the company, valued at approximately $246,046.80. The trade was a 45.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 42,620 shares of company stock worth $1,325,038 in the last 90 days.