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MTS Systems Announces 149th Quarterly Dividend in Sequence

The American technology group MTS Systems Corp. (NYSE:MTSC) will pay out a quarterly dividend of 30 US cents. As a result, MTS continues to distribute US $ 1.20 per share for the year. The current dividend yield at the current stock price of $ 52.36 (as of February 11, 2019) at 2.29 percent.

The next payout will be on April 1, 2019 (record date: March 18, 2019). This is the 149th quarterly dividend in an uninterrupted sequence. MTS Systems Corporation is a provider of test and simulation systems and measurement and sensor technology. Headquartered in Minneapolis, Minnesota, the Minnesota-based corporation generated $ 203.18 million in revenue in the first quarter of fiscal 2019 (prior year: $ 194.16 million). Almost 3,500 employees are employed.

Since the beginning of 2019, the stock on the technology exchange NASDAQ is down 30.48 percent. The current market capitalization is $ 937.4 million (as of February 11, 2019).

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