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

SATA Technology Co., Ltd. (NASDAQ:SATA – Get Free Report) announced a dividend on Thursday, October 15th. Investors of record on Friday, November 27th will be given 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

SATA stock traded down $0.96 on Friday, hitting $96.89. 588,706 shares of the company’s stock traded hands, compared to its average volume of 328,228. SATA Technology has a 1-year low of $79.01 and a 1-year high of $101.35. The stock’s fifty day moving average is $99.71.

Insider Transactions at SATA Technology

In related news, Director Pierre Rochard acquired 15,900 shares of the business’s stock in a transaction dated Friday, August 14th. The stock was bought at an average price of $12.54 per share, for a total transaction of $199,386.00. Following the transaction, the director owned 15,900 shares of the company’s stock, valued at approximately $199,386. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CMO Arshia Sarkhani sold 5,634 shares of the firm’s stock in a transaction on Monday, October 5th. The stock was sold at an average price of $31.33, for a total value of $176,513.22. Following the sale, the chief marketing officer directly owned 11,795 shares of the company’s stock, valued at approximately $369,537.35. This represents a 32.33% 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. Insiders have sold a total of 42,620 shares of company stock valued at $1,325,038 in the last 90 days.

About SATA Technology

(Get Free Report)

Strive Asset Management, LLC is a privately owned investment manager. It primarily provides its services to investment companies. The firm is a large advisory firm, an investment adviser to an investment company which provides portfolio management for investment companies. The firm invests in exchange traded funds. The firm conducts in-house research to make its investments. Strive Asset Management, LLC was founded in 2022 and is based in Dallas, Texas.

Further Reading

Dividend History for SATA Technology (NASDAQ:SATA)

Receive News & Ratings for SATA Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SATA Technology and related companies with MarketBeat.com's FREE daily email newsletter.