SATA Technology Co., Ltd. (NASDAQ:SATA) Shares Set to Pay Dividend of $0.05

SATA Technology Co., Ltd. (NASDAQ:SATA) announced a dividend on Friday, October 9th. Shareholders of record on Wednesday, October 28th will be paid a dividend of $0.0516 per share on Thursday, October 29th. The ex-dividend date is Wednesday, October 28th.

SATA Technology Trading Up 0.3%

NASDAQ SATA opened at $99.10 on Friday. SATA Technology has a twelve month low of $79.01 and a twelve month high of $101.35.

Insider Activity

In related news, Director James Lavish sold 6,000 shares of the stock in a transaction on Monday, October 5th. The stock was sold at an average price of $30.75, for a total value of $184,500.00. Following the completion of the sale, the director directly owned 8,815 shares in the company, valued at $271,061.25. This represents a 40.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Jonathan R. Macey sold 6,700 shares of SATA Technology stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $30.32, for a total value of $203,144.00. Following the transaction, the director directly owned 8,115 shares in the company, valued at $246,046.80. The trade was a 45.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 42,620 shares of company stock valued at $1,325,038.