
Transact Technologies Inc (TACT)
Transact Technologies Inc (TACT) is a provider of transaction management solutions, specializing in equipment and software for the retail and banking industries. The company offers services related to payment processing, secure printing, and POS systems, enabling merchants and financial institutions to enhance transaction security and operational efficiency.
Dividend History
Pay Date | Amount | Ex-Date | Record Date |
---|---|---|---|
December 16, 2019 | $0.09 | 2019-11-19 | 2019-11-20 |
September 16, 2019 | $0.09 | 2019-08-19 | 2019-08-20 |
June 14, 2019 | $0.09 | 2019-05-17 | 2019-05-20 |
March 15, 2019 | $0.09 | 2019-02-19 | 2019-02-20 |
December 14, 2018 | $0.09 | 2018-11-19 | 2018-11-20 |
Dividends Summary
- Transact Technologies Inc has issued 29 dividend payments over the past 7 years
- The most recent dividend was paid 2138 days ago, on December 16, 2019
- The highest dividend payed out to investors during this period was $0.09 per share
- The average dividend paid during this period was $0.08 per share.
Company News
QCI announced the appointment of Lee Weyers as Vice President of Business Development, bringing extensive leadership experience in IT, gaming, and hospitality sectors to help expand the company's growth into new market verticals like retail.
The computer peripheral industry is well-poised to benefit from growing demand for gaming accessories, touchscreen devices, and 3D-printed medical equipment. However, the industry faces macroeconomic headwinds like high inflation and interest rates, which are impacting IT spending and demand for remote work-related peripherals.
Craig-Hallum has decided to maintain its Buy rating of Transact Technologies (NASDAQ:TACT) and lower its price target from $10.00 to $9.00. Shares of Transact Technologies are trading down 6.11% over the last 24 hours, at $6.45 per share. A move to $9.00 would account for a 39.53% increase from the current share price. About Transact Technologies...