SATA Technology Co., Ltd. (SATA) to Issue Dividend of $0.06 on November 30th

SATA Technology Co., Ltd. (NASDAQ:SATA) declared a dividend on Tuesday, October 13th. Stockholders 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 Stock Performance

Shares of SATA stock opened at $97.67 on Thursday. SATA Technology has a 1 year low of $79.01 and a 1 year high of $101.35. The firm’s fifty day moving average price is $99.82.

Insiders Place Their Bets

In related news, CFO Benjamin Pham sold 4,209 shares of SATA Technology stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $31.33, for a total transaction of $131,867.97. Following the transaction, the chief financial officer directly owned 17,365 shares of the company’s stock, valued at $544,045.45. The trade was a 19.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Brian Logan Beirne sold 20,077 shares of the business’s stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $31.33, for a total transaction of $629,012.41. Following the completion of the sale, the insider owned 41,425 shares in the company, valued at approximately $1,297,845.25. This trade represents a 32.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders have sold 42,620 shares of company stock valued at $1,325,038.