SATA Technology Co., Ltd. (NASDAQ:SATA) Stock to Pay Dividend of $0.05

SATA Technology Co., Ltd. (NASDAQ:SATA) announced a dividend on Tuesday, September 15th. Investors of record on Friday, October 16th will be paid a dividend of $0.0516 per share on Monday, October 19th. The ex-dividend date is Friday, October 16th.

SATA Technology Trading Down 0.6%

Shares of SATA Technology stock opened at $98.79 on Wednesday. SATA Technology has a 52-week low of $79.01 and a 52-week high of $101.35. The business has a 50 day moving average price of $99.87.

Key Stories Impacting SATA Technology

Here are the key news stories impacting SATA Technology this week:

• Positive Sentiment: SATA Technology declared a quarterly dividend of $0.0516 per share. Investors who own the stock before the October 22 ex-dividend date and are shareholders of record that day will receive payment on October 23. The payout may provide modest income support for the stock. SATA Technology to go ex-dividend on October 22
• Neutral Sentiment: Several reports repeated the same dividend announcement, so they do not represent additional dividend increases or new developments. Some older headlines cited October 14 or October 15 payment dates, but the latest announcement specifies an October 22 ex-dividend date and October 23 payment date. SATA Technology shareholders set to receive dividend
• Neutral Sentiment: Strive, Inc. announced a proposed offering of 5 million shares of its 15.00% Series A Perpetual SATS Preferred Stock. This is unrelated to SATA Technology and should not be interpreted as news about NASDAQ:SATA. Strive announces proposed initial public offering of SATS stock