Daktronics Inc (DAKT)
Daktronics Inc (DAKT) is a provider of electronic scoreboards, digital billboards, and display systems for sports, transportation, and other commercial applications. Founded in 1968, the company designs, manufactures, and sells electronic display solutions, offering products used in stadiums, transportation hubs, retail environments, and large-scale advertising. Known for innovation in large-format LED displays, Daktronics serves clients worldwide with customized visual communication solutions.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| March 19, 2020 | $0.05 | 2020-03-06 | 2020-03-09 |
| December 26, 2019 | $0.05 | 2019-12-13 | 2019-12-16 |
| September 26, 2019 | $0.05 | 2019-09-13 | 2019-09-16 |
| June 20, 2019 | $0.05 | 2019-06-07 | 2019-06-10 |
| March 21, 2019 | $0.07 | 2019-03-08 | 2019-03-11 |
Dividends Summary
- Daktronics Inc has issued 42 dividend payments over the past 15 years
- The most recent dividend was paid 2042 days ago, on March 19, 2020
- The highest dividend payed out to investors during this period was $0.50 per share
- The average dividend paid during this period was $0.11 per share.
Company News
Daktronics reported strong fiscal Q1 2026 results with $16.5 million net income, 35% year-over-year order growth, and a $360 million backlog. The company is executing a multi-year transformation strategy targeting 10-12% operating margins and 7-10% annual growth by 2028.
The Tennessee Titans have selected Daktronics as the official large display partner for their newly constructed Nissan Stadium, featuring a first-of-its-kind 'Ring of Fire' display and other state-of-the-art LED technology to enhance the fan experience.
The out-of-home advertising market is expected to grow at a CAGR of 9.7% by 2031, driven by the increasing use of digital billboards and the growing popularity of programmatic digital out-of-home advertising.
Daktronics' VP of manufacturing, Matthew J. Kurtenbach, sold over $120,000 worth of company stock, while also acquiring shares through option exercises. The transactions were part of Kurtenbach's regular stock trading plan.
EAT, APOG, DAKT, M and HES have been added to the Zacks Rank #1 (Strong Buy) List on July 1, 2024.