C-COM Satellite Systems Inc., a leading global provider of commercial-grade mobile auto-deploying satellite antenna systems, announced the payment of an eligible dividend in the amount of $0.0125 per common share payable on February 16, 2024, to all shareholders of record as of February 2, 2024. Based on the closing price of $1.21 per share on January 18, 2024, this dividend represents a yield of 4.13% on an annualized basis.
“We are pleased that we can continue to be able to reward our loyal shareholders with this quarterly dividend,” said Leslie Klein, President and CEO of C-COM Satellite Systems Inc.
The C-COM iNetVu® mobile proprietary antennas, and services associated with these products, are used in mobile applications by corporations, government agencies, the military, law enforcement agencies, homeland security, utility vehicles, oil and gas platforms, police, fire, medical and other security, and emergency services with a need for affordable mobile 2-way high-speed Internet over Satellite connectivity.