TAITRON COMPONENTS INC. Files 8-K

Ticker: TAIT · Form: 8-K · Filed: Nov 1, 2024 · CIK: 942126

Taitron Components Inc 8-K Filing Summary
FieldDetail
CompanyTaitron Components Inc (TAIT)
Form Type8-K
Filed DateNov 1, 2024
Risk Levellow
Pages2
Reading Time3 min
Key Dollar Amounts$0.05, $0.20
Sentimentneutral

Sentiment: neutral

Topics: disclosure, filing

TL;DR

TAITRON COMPONENTS INC. filed an 8-K on Nov 1, 2024, for disclosures and exhibits.

AI Summary

On November 1, 2024, TAITRON COMPONENTS INC. filed an 8-K report. The filing primarily concerns Regulation FD Disclosure and the filing of Financial Statements and Exhibits. No specific financial figures or material events were detailed in the provided excerpt.

Why It Matters

This 8-K 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 and does not contain specific material information that would indicate a high risk.

Key Players & Entities

  • TAITRON COMPONENTS INC. (company) — Registrant
  • November 1, 2024 (date) — Date of earliest event reported
  • 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 the submission of Financial Statements and Exhibits.

On what date was the earliest event reported in this 8-K filing?

The earliest event reported was on November 1, 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 telephone number for TAITRON COMPONENTS INC.?

The registrant's telephone number, including area code, is (661) 257-6060.

Under which sections of the Securities Exchange Act is this 8-K filed?

This 8-K is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.

Filing Stats: 630 words · 3 min read · ~2 pages · Grade level 11.7 · Accepted 2024-11-01 16:04:48

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 November 1, 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 November 27, 2024 to stockholders of record as of November 15, 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 November 1, 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: November 1, 2024 By: /s/ David Vanderhorst David Vanderhorst Chief Financial Officer

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