CTS Corporation manufactures and sells sensors, actuators, and connectivity components in North America, Europe, and Asia. The company provides sensors and actuators for use in passenger or commercial vehicles; connectivity components for telecommunications infrastructure, information technology, and other high-speed applications; switches, temperature sensors, and potentiometers supplied to multiple markets; and fabricated piezoelectric materials and substrates used primarily in medical, industrial, aerospace and defense, and information technology markets. In addition, the company sells and markets its products through its sales engineers, independent manufacturers' representatives, and distributors. CTS Corporation was founded in 1896 and is headquartered in Lisle, Illinois.
CTS Dividend Announcement
• CTS announced a quarterly dividend of $0.04 per ordinary share which will be made payable on 2025-01-31. Ex dividend date: 2024-12-27
• CTS annual dividend for 2024 was $0.16
• CTS annual dividend for 2023 was $0.16
• CTS's trailing twelve-month (TTM) dividend yield is 0.28%
• CTS's payout ratio for the trailing twelve months (TTM) is 8.23%
• CTS's dividend growth over the last ten years (2013-2023) was 0.99% year
CTS Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-27 | $0.04 | quarterly | 2025-01-31 |
2024-09-27 | $0.04 | quarterly | 2024-10-25 |
2024-06-28 | $0.04 | quarterly | 2024-07-26 |
2024-03-27 | $0.04 | quarterly | 2024-04-26 |
2023-12-28 | $0.04 | quarterly | 2024-01-26 |
2023-09-28 | $0.04 | quarterly | 2023-10-27 |
2023-06-29 | $0.04 | quarterly | 2023-07-28 |
2023-03-30 | $0.04 | quarterly | 2023-04-28 |
2022-12-08 | $0.04 | quarterly | 2023-01-13 |
2022-09-29 | $0.04 | quarterly | 2022-11-04 |
2022-06-16 | $0.04 | quarterly | 2022-07-22 |
2022-03-17 | $0.04 | quarterly | 2022-04-22 |
2021-12-09 | $0.04 | quarterly | 2022-01-14 |
2021-09-30 | $0.04 | quarterly | 2021-11-05 |
2021-06-17 | $0.04 | quarterly | 2021-07-23 |
2021-03-18 | $0.04 | quarterly | 2021-04-23 |
2020-12-10 | $0.04 | quarterly | 2021-01-15 |
2020-09-24 | $0.04 | quarterly | 2020-10-30 |
2020-06-18 | $0.04 | quarterly | 2020-07-24 |
2020-03-12 | $0.04 | quarterly | 2020-04-17 |
2019-12-26 | $0.04 | quarterly | 2020-01-31 |
2019-09-26 | $0.04 | quarterly | 2019-11-01 |
2019-06-20 | $0.04 | quarterly | 2019-07-26 |
2019-03-14 | $0.04 | quarterly | 2019-04-19 |
2018-12-27 | $0.04 | quarterly | 2019-02-01 |
2018-09-27 | $0.04 | quarterly | 2018-11-02 |
2018-06-21 | $0.04 | quarterly | 2018-07-27 |
2018-03-15 | $0.04 | quarterly | 2018-04-20 |
2017-12-28 | $0.04 | quarterly | 2018-02-02 |
2017-09-28 | $0.04 | quarterly | 2017-11-03 |
2017-06-21 | $0.04 | quarterly | 2017-07-28 |
2017-03-15 | $0.04 | quarterly | 2017-04-28 |
2016-12-21 | $0.04 | quarterly | 2017-01-27 |
2016-09-21 | $0.04 | quarterly | 2016-10-28 |
2016-06-22 | $0.04 | quarterly | 2016-07-29 |
2016-03-22 | $0.04 | quarterly | 2016-04-29 |
2015-12-16 | $0.04 | quarterly | 2016-01-29 |
2015-09-23 | $0.04 | quarterly | 2015-10-30 |
2015-06-24 | $0.04 | quarterly | 2015-07-31 |
2015-03-25 | $0.04 | quarterly | 2015-05-01 |
2014-12-23 | $0.04 | quarterly | 2015-01-30 |
2014-09-24 | $0.04 | quarterly | 2014-10-31 |
2014-06-25 | $0.04 | quarterly | 2014-08-01 |
2014-03-26 | $0.04 | quarterly | 2014-05-02 |
2013-12-24 | $0.04 | quarterly | 2014-01-31 |
2013-09-25 | $0.04 | quarterly | 2013-11-01 |
2013-06-26 | $0.04 | quarterly | 2013-08-02 |
2013-03-26 | $0.04 | quarterly | 2013-05-03 |
CTS Dividend per year
CTS Dividend growth
CTS Dividend Yield
CTS current trailing twelve-month (TTM) dividend yield is 0.28%. Interested in purchasing CTS stock? Use our calculator to estimate your expected dividend yield:
CTS Financial Ratios
CTS Dividend FAQ
Other factors to consider when evaluating CTS as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: CTS's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, CTS publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, CTS distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from CTS are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: CTS sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, CTS distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: CTS declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of CTS's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review CTS's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.