SATA Technology Co., Ltd. (NASDAQ:SATA) Announces Dividend of $0.05

SATA Technology Co., Ltd. (NASDAQ:SATA) announced a dividend on Saturday, October 10th. Investors of record on Thursday, October 22nd will be paid a dividend of $0.0516 per share on Friday, October 23rd. The ex-dividend date of this dividend is Thursday, October 22nd.

SATA Technology Price Performance

Shares of NASDAQ SATA traded up $0.30 during trading hours on Monday, reaching $99.40. The stock had a trading volume of 562,535 shares, compared to its average volume of 319,577. SATA Technology has a fifty-two week low of $79.01 and a fifty-two week high of $101.35.

Insider Activity at SATA Technology

In other SATA Technology news, insider Brian Logan Beirne sold 20,077 shares of the business’s stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $31.33, for a total value 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. The trade was a 32.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director James Lavish sold 6,000 shares of the business’s stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $30.75, for a total value of $184,500.00. Following the completion of the sale, the director owned 8,815 shares of the company’s stock, valued at approximately $271,061.25. This represents a 40.50% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 42,620 shares of company stock valued at $1,325,038 over the last 90 days.