TAITRON COMPONENTS INC. Files 8-K

Ticker: TAIT · Form: 8-K · Filed: Aug 2, 2024 · CIK: 942126

Taitron Components Inc 8-K Filing Summary
FieldDetail
CompanyTaitron Components Inc (TAIT)
Form Type8-K
Filed DateAug 2, 2024
Risk Levellow
Pages2
Reading Time3 min
Key Dollar Amounts$0.05, $0.20
Sentimentneutral

Sentiment: neutral

Topics: 8-K, filing, disclosure

Related Tickers: TTNP

TL;DR

TAITRON COMPONENTS INC. filed an 8-K, likely containing routine disclosures or financial updates.

AI Summary

On August 2, 2024, TAITRON COMPONENTS INC. filed an 8-K report. The filing primarily concerns Regulation FD Disclosure and Financial Statements and Exhibits. No specific financial figures or material events were detailed in the provided excerpt.

Why It Matters

This filing indicates that TAITRON COMPONENTS INC. is providing updates or disclosures to the SEC, which could contain important information for investors.

Risk Assessment

Risk Level: low — The provided excerpt is a standard 8-K filing notification without specific material events or financial details that would indicate immediate risk.

Key Players & Entities

  • TAITRON COMPONENTS INC. (company) — Registrant
  • August 2, 2024 (date) — Date of Report
  • 28040 WEST HARRISON PARKWAY (address) — Principal Executive Offices
  • VALENCIA (location) — City of Principal Executive Offices
  • California (location) — State of Incorporation and Principal Executive Offices
  • 91355 (zip_code) — Zip Code of Principal Executive Offices
  • (661) 257-6060 (phone_number) — Registrant's telephone number

FAQ

What is the primary purpose of this 8-K filing for TAITRON COMPONENTS INC.?

The filing is primarily for Regulation FD Disclosure and to report Financial Statements and Exhibits.

When was this 8-K report filed?

The report was filed on August 2, 2024.

What is the principal executive office address for TAITRON COMPONENTS INC.?

The principal executive office is located at 28040 WEST HARRISON PARKWAY, VALENCIA, California 91355.

What is the company's telephone number?

The company's telephone number is (661) 257-6060.

What is the state of incorporation for TAITRON COMPONENTS INC.?

The state of incorporation is California.

Filing Stats: 630 words · 3 min read · ~2 pages · Grade level 11.6 · Accepted 2024-08-02 16:06:49

Key Financial Figures

  • $0.05 — uarterly cash dividend in the amount of $0.05 per share of Class A and Class B issued
  • $0.20 — nd to our stockholders in the amount of $0.20 per share per annum, payable in equal $

Filing Documents

01 Regulation FD Disclosure

ITEM 7.01 Regulation FD Disclosure On August 2, 2024, the Company's Board of Directors authorized a quarterly cash dividend in the amount of $0.05 per share of Class A and Class B issued and outstanding common stock. The dividend will be paid on August 30, 2024 to stockholders of record as of August 16, 2024. A copy of the press release is furnished herewith as Exhibit 99.1. Under our current dividend policy, the Company will target a cash dividend to our stockholders in the amount of $0.20 per share per annum, payable in equal $0.05 per share quarterly installments. Subsequent dividend declarations and the establishment of record and payment dates for such future dividend payments, if any, are subject to the Board of Directors' continuing determination that the dividend policy is in the best interests of the Company's stockholders. The dividend policy may be suspended or cancelled at the discretion of the Board of Directors at any time. Safe Harbor Statement

01 Financial Statements and Exhibits

ITEM 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit No. Exhibit Description 99.1 Press release dated August 2, 2024 announcing the Company declared a quarterly cash dividend. 104 Cover Page Interactive Data File (formatted as Inline XBRL)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. TAITRON COMPONENTS INCORPORATED Dated: August 2, 2024 By: /s/ David Vanderhorst David Vanderhorst Chief Financial Officer

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