TransAct Technologies Incorporated(NASDAQ:TACT) Declares Dividend of $0.0800.

TransAct Technologies Incorporated (NASDAQ:TACT) had declared a cash dividend of $0.0800 on Aug 1, 2016. The shares will quote ex-dividend on Aug 17, 2016 and the record date has been fixed for Aug 19, 2016. On Aug 1, 2016 share price, the yield comes out to be 4.1775%. The dividend payable date has been fixed on Sep 15, 2016.

TransAct Technologies Incorporated (TACT) made into the market gainers list on Mondays trading session with the shares advancing 0.13% or 0.01 points. Due to strong positive momentum, the stock ended at $7.6, which is also near the day’s high of $7.93. The stock began the session at $7.93 and the volume stood at 10,054 shares. The 52-week high of the shares is $10.46 and the 52 week low is $6.4. The company has a current market capitalization of $58 M and it has 76,59,564 shares in outstanding.

TransAct Technologies Incorporated(TACT) last announced its earnings results on May 4, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $14.36M. Analysts had an estimated revenue of $14.75M. Earnings per share were $0.08. Analysts had estimated an EPS of $0.13.

Several Insider Transactions has been reported to the SEC. On Jun 17, 2016, John Dillon (director) purchased 5,000 shares at $7.02 per share price.Also, On May 18, 2016, Andrew Newmark (EVP, Sales & Marketing) purchased 10,000 shares at $7.88 per share price.On Dec 16, 2015, Bart C Shuldman (Chairman and CEO) sold 1,313 shares at $8.62 per share price, according to the Form-4 filing with the securities and exchange commission.

TransAct Technologies Incorporated (TransAct) designs develops and sells market-specific solutions including printers terminals software and other products for transaction-based and other industries. The Company’s thermal inkjet and impact printers and terminals generate labels and transaction records as well as printed logging and plotting of data. TransAct’s products are sold under the Epic EPICENTRAL Ithaca RESPONDER and Printrex brand names. The Company focuses on various markets such as food safety banking and point-of-sale (POS) casino and gaming lottery and Printrex Inc. (Printrex) which serves the oil and gas medical and mobile printing markets. Through its TransAct Services Group (TSG) the Company provides a range of supplies and consumables used in the printing and scanning activities of customers in the hospitality banking retail casino and gaming Government and oil and gas exploration markets.

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