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 June 15, 2016, to shareholders of record at the close of business on
May 20, 2016. On an annualized basis, the quarterly dividend represents
an annual yield of 3.7% based on the $8.72 per share closing price of
the Company's stock on April 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, 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.
Epicentral and Epic are registered trademarks of TRANSACT Technologies
Incorporated. ©2016 TRANSACT Technologies Incorporated. All rights
reserved.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160429005116/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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