HAMDEN, Conn.--(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 has declared a quarterly cash dividend
of $0.08 per share. The dividend will be payable on March 15, 2016, to
shareholders of record at the close of business on February 19, 2016. On
an annualized basis, the quarterly dividend represents an annual yield
of 4.2% based on the $7.57 per share closing price of the Company's
stock on February 2, 2016.
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 and gaming, lottery, food safety,
banking, point-of-sale, hospitality, oil and gas, and medical and
mobile. TransAct printers and products are designed from the ground up
based on market-specific requirements and are sold under the AccuDate™,
Ithaca®, RESPONDER, Epic®, EPICENTRAL® and Printrex® product brands.
TransAct distributes its printers and terminals through OEMs,
value-added resellers, selected distributors, and direct to end-users.
TransAct has over 2.7 million printers and terminals 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 products. Through its TransAct Services
Group, TransAct provides a complete range of supplies and consumable
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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160203005276/en/
Investor Contact:
TransAct Technologies Incorporated
Steve
DeMartino, 203-859-6810
President and Chief Financial Officer
or
JCIR
Richard
Land, Joseph Jaffoni, Jim Leahy, 212-835-8500
tact@jcir.com
Source: TransAct Technologies Incorporated
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