Deswell Industries, Inc. Announces Semi-Annual Dividend of $0.10 (NASDAQ:DSWL)

Deswell Industries, Inc. (NASDAQ:DSWL) announced a Semi-Annual dividend on Thursday, June 20th, Zacks reports. Stockholders of record on Friday, July 5th will be paid a dividend of 0.10 per share by the technology company on Friday, July 19th. This represents a dividend yield of 8.1%. The ex-dividend date is Friday, July 5th.

Deswell Industries has increased its dividend payment by an average of 3.6% per year over the last three years.

Deswell Industries Trading Up 0.6 %

Shares of DSWL stock opened at $2.53 on Thursday. The company has a 50 day moving average price of $2.42 and a 200-day moving average price of $2.39. Deswell Industries has a 52 week low of $2.12 and a 52 week high of $2.88.

Deswell Industries (NASDAQ:DSWL) last announced its earnings results on Thursday, June 20th. The technology company reported $0.48 earnings per share (EPS) for the quarter. The business had revenue of $69.37 million for the quarter.

Deswell Industries Company Profile

Deswell Industries, Inc manufactures and sells injection-molded plastic parts and components, electronic products and subassemblies, and metallic molds and accessory parts for original equipment manufacturers and contract manufacturers. It operates through two segments, Plastic Injection Molding and Electronic Products Assembling.