HAMDEN, Conn.--(BUSINESS WIRE)--
TransAct Technologies Incorporated (Nasdaq: TACT), a global leader in
software-driven technology and printing solutions for high-growth
markets, announced today that its Board of Directors has declared a
quarterly cash dividend of $0.08 per share. The dividend will be payable
on December 15, 2016, to shareholders of record at the close of business
on November 21, 2016. On an annualized basis, the quarterly dividend
represents an annual yield of 4.5% based on the $7.10 per share closing
price of the Company's stock on October 28, 2016.
About TransAct Technologies Incorporated
TransAct Technologies Incorporated is a global leader in developing
software-driven technology and printing solutions for high-growth
markets including food safety, POS automation, casino and gaming,
lottery, mobile and oil and gas. The Company's solutions are designed
from the ground up based on customer requirements and are sold under the
AccuDate™, EPICENTRAL®, Epic®, Ithaca®, RESPONDER and Printrex® brands.
TransAct has over 2.9 million printers and terminals installed around
the world and is committed to providing world-class service, spare parts
and accessories to support its worldwide installed product base. Through
TransAct Services Group both online at http://www.transactsupplies.com
and its direct sales team, the Company also provides customers with a
complete range of supplies and consumable items. 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/20161031005198/en/
Investors:
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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