InterOcean Capital Group LLC Has $165,000 Stake in Deswell Industries, Inc. (NASDAQ:DSWL)

InterOcean Capital Group LLC reduced its holdings in Deswell Industries, Inc. (NASDAQ:DSWL) by 6.0% during the 1st quarter, HoldingsChannel reports. The firm owned 74,000 shares of the technology company’s stock after selling 4,750 shares during the quarter. InterOcean Capital Group LLC’s holdings in Deswell Industries were worth $165,000 as of its most recent filing with the SEC.

Deswell Industries Stock Up 1.6 %

Shares of NASDAQ:DSWL opened at $2.50 on Friday. Deswell Industries, Inc. has a 52-week low of $2.12 and a 52-week high of $2.88. The stock’s 50-day moving average is $2.44 and its 200-day moving average is $2.37.

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

Deswell Industries Dividend Announcement

The company also recently announced a Semi-Annual dividend, which was paid on Friday, July 19th. Stockholders of record on Friday, July 5th were paid a $0.10 dividend. This represents a dividend yield of 8.1%. The ex-dividend date was Friday, July 5th.

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.