Transact Technologies Inc
TACTTransact 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
- Consistent Payer: Transact Technologies Inc has rewarded shareholders with 29 dividend payments over the past 7 years.
- Total Returned Value: Investors who held TACT shares during this period received a total of $2.35 per share in dividend income.
- Latest Payout: The most recent dividend of $0.09/share was paid 2406 days ago, on December 16, 2019.
- Yield & Schedule: TACT currently pays dividends quarterly with an annual yield of 6.88%.
- Dividend Growth: Since 2012, the dividend payout has grown by 50.0%, from $0.06 to $0.09.
- Dividend Reliability: TACT has maintained or increased its dividend for 29 consecutive payments.
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.
The Zacks Computer-Peripheral Equipment industry is suffering from weakening IT spending amid an uncertain macroeconomic environment. However, LOGI, MRCY and TACT stocks are worth a watch due to their end-market strength.
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...
Stratasys (SSYS) delivered earnings and revenue surprises of -50% and 2.93%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?
