Deswell Industries, Inc. (NASDAQ:DSWL) Shareholders to Collect $0.10 Dividend

Deswell Industries, Inc. (NASDAQ:DSWL) announced a dividend on Thursday, November 12th. Investors of record on Wednesday, December 2nd will be paid a dividend of $0.10 per share by the technology company on Wednesday, December 23rd. This represents a dividend yield of 657.0%. The ex-dividend date of this dividend is Wednesday, December 2nd.

Deswell Industries Stock Performance

NASDAQ DSWL opened at $3.04 on Friday. Deswell Industries has a twelve month low of $2.80 and a twelve month high of $4.06. The stock has a fifty day simple moving average of $3.05 and a 200 day simple moving average of $3.29.

Deswell Industries (NASDAQ:DSWL) last announced its earnings results on Thursday, November 12th. The technology company reported $0.16 earnings per share (EPS) for the quarter. The company had revenue of $16.51 million for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings lowered Deswell Industries from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, November 4th. One equities research analyst has rated the stock with a Hold rating. According to MarketBeat, the company presently has an average rating of “Hold”.

Deswell Industries Company Profile

Deswell Industries, Inc. (NASDAQ: DSWL) is a manufacturer of plastic and electronic components for original equipment manufacturers and other industrial customers. The company’s primary activities include injection molding, plastic extrusion, and the assembly of electronic products. Its plastic manufacturing operations produce molded and extruded parts used in products such as consumer electronics, electrical appliances, automotive equipment, and other commercial and industrial applications. Deswell also provides related services, including tooling and mold fabrication, product assembly, and manufacturing support for customer-designed components.