Daktronics (DAKT) Declares $0.06 Quarterly Dividend; 3.8% Yield
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/23/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
Daktronics Announces Quarterly Cash Dividend per Share and a Special Dividend
June 17, 2016 3:39 PM EDTBROOKINGS, S.D., June 17, 2016 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ: DAKT) announced today that its Board of Directors on June 16, 2016 approved a regular quarterly cash dividend of $0.06 per share and a special dividend of $0.04 per share.
"We are pleased to simultaneously return value to shareholders through regular quarterly dividends, special dividends, share repurchases and continued investment into business growth opportunities," said Reece Kurtenbach, Chairman, President and Chief Executive Officer. "This quarter, we changed to a regular and special dividend structure to allow for flexibility in cash allocations between our dividend program,... More
Daktronics Announces Quarterly Cash Dividend per Share and a Special Dividend
June 17, 2016 3:39 PM EDTBROOKINGS, S.D., June 17, 2016 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ: DAKT) announced today that its Board of Directors on June 16, 2016 approved a regular quarterly cash dividend of $0.06 per share and a special dividend of $0.04 per share.
"We are pleased to simultaneously return value to shareholders through regular quarterly dividends, special dividends, share repurchases and continued investment into business growth opportunities," said Reece Kurtenbach, Chairman, President and Chief Executive Officer. "This quarter, we changed to a regular and special dividend structure to allow for flexibility in cash allocations between our dividend program,... More
Daktronics Announces $40 Million Stock Buyback Authorization
June 17, 2016 3:35 PM EDTBROOKINGS, S.D., June 17, 2016 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ: DAKT) announced today that its Board of Directors authorized a stock buyback program under which it may repurchase up to $40 million of its outstanding common stock.
The stock repurchase authorization allows us to be opportunistic in acquiring stock to use for future investments. We have a strong balance sheet and generate free cash flow to support our share repurchase plans, said Reece A. Kurtenbach, Chairman, President and Chief Executive Officer. "We are pleased to add the share buyback program... More
