TransAct Technologies Declares Quarterly Cash Dividend of $0.07 Per Share
August 05 2013 - 7:30AM
Business Wire
TransAct Technologies Incorporated (Nasdaq: TACT), a global
leader in market-specific solutions, including printers, terminals,
software and other products for transaction-based and other
industries, announced today that its Board of Directors declared a
quarterly cash dividend of $0.07 per share, payable September 13,
2013 to shareholders of record at the close of business on August
20, 2013. On an annualized basis, the quarterly dividend represents
an annual yield of 3.1% based on the $8.99 per share closing price
of the Company's stock on August 2, 2013.
About TransAct Technologies Incorporated
TransAct Technologies Incorporated is a leader in developing and
manufacturing market-specific solutions, including printers,
terminals, software and other products for transaction-based and
other industries. These industries include casino, gaming, lottery,
food safety, banking, point-of-sale, hospitality, oil and gas, and
medical and mobile. Each individual market has distinct, critical
requirements for printing and the transaction is not complete until
the receipt and/or ticket is produced. TransAct printers and
products are designed from the ground up based on market specific
requirements and are sold under the Ithaca®, Epic, EPICENTRAL® and
Printrex® product brands. TransAct distributes its printers through
OEMs, value-added resellers, selected distributors, and direct to
end-users. TransAct has over 2.4 million printers installed around
the world. TransAct is also committed to providing world-class
printer service, spare parts, accessories and printing supplies to
its growing worldwide installed base of printers. Through its
TransAct Services Group, TransAct provides a complete range of
supplies and consumables items used in the printing and scanning
activities of customers in the hospitality, banking, retail,
gaming, government and oil and gas exploration markets. Through its
webstore, http://www.transactsupplies.com, and a direct selling
team, TransAct addresses the on-line demand for these products.
TransAct is headquartered in Hamden, CT. For more information,
please visit http://www.transact-tech.com or call 203.859.6800.
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