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Taitron Components Incorporated engages in the supply of original designed and manufactured (ODM) electronic components, and distribution of brand name electronic components. It distributes discrete semiconductors, commodity integrated circuits, optoelectronic devices, and passive components. The company also offers value-added engineering and turn-key solutions focusing on providing contract electronic manufacturers (CEMs) and original equipment manufacturers (OEMs) with ODM products for turn-key projects. It serves other electronic distributors, CEMs, and OEMs in the United States, South Korea, China, Taiwan, and internationally. The company has strategic allies with Teamforce Co. Ltd.; Grand Shine Management; and Zowie Technology Corporation. Taitron Components Incorporated was incorporated in 1989 and is headquartered in Valencia, California.
Taitron Announces Quarterly Cash Dividend Increase of 14.3%
Taitron Components declared a quarterly cash dividend of $0.04 per share, payable August 28 to shareholders of record on August 14.
The new payment represents a 14.3% increase from the prior $0.035 per share, targeting an annualized payout of $0.16.
Future dividend declarations remain subject to Board discretion and may be suspended or cancelled at any time.