SATA Technology Co., Ltd. (NASDAQ:SATA) Declares Dividend of $0.06

SATA Technology Co., Ltd. (NASDAQ:SATA) declared a dividend on Thursday, October 15th. Stockholders 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 Stock Performance

Shares of SATA stock opened at $97.85 on Friday. SATA Technology has a 12-month low of $79.01 and a 12-month high of $101.35. The business’s fifty day simple moving average is $99.77.

Insider Transactions at SATA Technology

In related news, Director Pierre Rochard bought 15,900 shares of the business’s stock in a transaction dated Friday, August 14th. The stock was acquired at an average price of $12.54 per share, with a total value of $199,386.00. Following the completion of the purchase, the director directly owned 15,900 shares of the company’s stock, valued at approximately $199,386. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director James Lavish sold 6,000 shares of the 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 transaction, the director directly owned 8,815 shares of the company’s stock, valued at $271,061.25. The trade was a 40.50% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 42,620 shares of company stock worth $1,325,038.