Posted by admin on Jun 17th, 2022

Deswell Industries, Inc. (NASDAQ:DSWL – Get Rating) declared a Semi-Annual dividend on Thursday, June 16th, Zacks reports. Shareholders of record on Thursday, June 30th will be paid a dividend of 0.10 per share by the technology company on Friday, July 15th. The ex-dividend date of this dividend is Wednesday, June 29th.

Deswell Industries has increased its dividend payment by an average of 26.0% annually over the last three years and has raised its dividend every year for the last 3 years.

NASDAQ DSWL opened at $3.28 on Friday. The business has a fifty day moving average price of $3.41 and a two-hundred day moving average price of $3.72. Deswell Industries has a fifty-two week low of $3.01 and a fifty-two week high of $5.60.

An institutional investor recently bought a new position in Deswell Industries stock. Citadel Advisors LLC purchased a new position in shares of Deswell Industries, Inc. (NASDAQ:DSWL – Get Rating) in the second quarter, according to its most recent filing with the SEC. The firm purchased 10,955 shares of the technology company’s stock, valued at approximately $52,000. Citadel Advisors LLC owned 0.07% of Deswell Industries at the end of the most recent quarter. 62.34% of the stock is owned by institutional investors.

Deswell Industries Company Profile (Get Rating)

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 in two segments, Plastic Injection Molding and Electronic Products Assembling.

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