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

Deswell Industries, Inc. (NASDAQ:DSWL) announced a semi-annual dividend on Monday, November 18th,Wall Street Journal reports. Shareholders of record on Monday, December 2nd will be given a dividend of 0.10 per share by the technology company on Monday, December 23rd. This represents a yield of 7.7%. The ex-dividend date is Monday, December 2nd.

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

Deswell Industries Stock Up 0.4 %

Shares of NASDAQ:DSWL traded up $0.01 on Monday, hitting $2.60. The stock had a trading volume of 13,974 shares, compared to its average volume of 8,483. The firm’s 50 day moving average price is $2.55 and its 200-day moving average price is $2.46. Deswell Industries has a twelve month low of $2.14 and a twelve month high of $2.88.

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 in China, the United States, Europe, Hong Kong, the United Kingdom, Canada, and internationally.