Communications Systems(NASDAQ:JCS) Declares Dividend of $0.0400.

Communications Systems (NASDAQ:JCS) had declared a cash dividend of $0.0400 on Aug 18, 2016. The shares will quote ex-dividend on Sep 13, 2016 and the record date has been fixed for Sep 15, 2016. On Aug 18, 2016 share price, the yield comes out to be 2.3324%. The dividend payable date has been fixed on Oct 3, 2016.

Communications Systems (JCS) made into the market gainers list on Mondays trading session with the shares advancing 1.60% or 0.09 points. Due to strong positive momentum, the stock ended at $5.72, which is also near the day’s high of $5.734. The stock began the session at $5.69 and the volume stood at 5,502 shares. The 52-week high of the shares is $9.2699 and the 52 week low is $5.51. The company has a current market capitalization of $51 M and it has 88,61,856 shares in outstanding.

Communications Systems(JCS) last announced its earnings results on Aug 4, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $26.31M. Analysts had an estimated revenue of $29.00M. Earnings per share were $-0.29. Analysts had estimated an EPS of $-0.17.

Several Insider Transactions has been reported to the SEC. On Jun 16, 2016, Curtis A Sampson (director) purchased 1,000 shares at $7.28 per share price.Also, On May 26, 2016, Roger Hd Lacey (director) purchased 3,272 shares at $6.66 per share price.On Mar 18, 2015, Richard A Primuth (director) purchased 1,500 shares at $11.93 per share price, according to the Form-4 filing with the securities and exchange commission.

Communications Systems Inc. (CSI) provides physical connectivity infrastructure products and services for global deployments of broadband networks. The Company is principally engaged through its Suttle Inc. (Suttle) subsidiary and business unit in the manufacture and sale of modular connecting and wiring devices for voice and data communications digital subscriber line filters and structured wiring systems and through its Transition Networks Inc. (Transition Networks) subsidiary and business unit in the manufacture and sale of core media conversion products for telecommunications networks. Through its JDL Technologies Inc. (JDL Technologies) subsidiary and business unit CSI provides IT solutions including network design computer infrastructure installations IT service management change management network security and network operation services. The Company classifies its businesses into three segments: Suttle Transition Networks and JDL Technologies.

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