Table Trac, Inc. Declares New Quarterly Dividend for Shareholders
Table Trac, Inc. Declares New Quarterly Dividend
Table Trac Inc. recently made headlines with the announcement of a cash dividend on its common stock, benefitting shareholders. This decision, made on August 7, highlights the company's commitment to returning value to its investors.
Dividend Details and Timeline
The Board of Directors has approved a dividend payment of $0.02 per share, payable to individuals who hold shares by the company’s designated record date. Shareholders can expect to receive the dividend on September 12. This announcement signals a positive trajectory for the company as it continues to enhance its shareholder value.
About Table Trac, Inc.
Founded in 1995, Table Trac, Inc. has established itself as a leader in the development, sale, and leasing of management systems specifically tailored for the casino industry. Through its innovative product offerings, the company aims to redefine the casino experience by providing sophisticated tools to manage operations more efficiently.
Innovative Systems and Their Impact
Table Trac's flagship product, CasinoTrac, is built on an open architecture that allows seamless integration with a variety of third-party software and hardware. This adaptability means casino operators can maintain a flexible approach to managing their operations, catering to evolving industry standards and regulatory requirements. Additionally, the company offers systems that include player tracking, kiosk promotions, and vault management—all designed to meet the stringent demands of the gaming sector.
Global Reach and Market Expansion
The company has installed its management systems across a wide range of clients, currently servicing over 115 operators in more than 300 casinos worldwide. This extensive network not only showcases Table Trac's reliability but also its ability to scale and innovate as the market evolves. As the gaming industry continues to grow, Table Trac remains committed to expanding its product offerings and enhancing system features, ensuring that clients have the tools they need to succeed.
Patented Technology Transforming Gaming Operations
Among its advancements, Table Trac has introduced a patented real-time system designed to automate and oversee casino gaming table operations. This innovation is a game-changer, enabling casinos to operate with heightened efficiency and accuracy. By leveraging technology, Table Trac empowers casino operators to make informed decisions that can ultimately lead to increased profitability.
Commitment to Client Support
One of the hallmarks of Table Trac’s success is its unwavering commitment to customer support. With ongoing maintenance contracts, the company ensures that its clients not only have access to cutting-edge technology but also receive continuous assistance tailored to their operational needs. This dedication sets Table Trac apart in the competitive landscape of gaming technology.
Future Prospects for Table Trac, Inc.
Looking ahead, Table Trac, Inc. aims to solidify its position within the gaming industry by continuing to innovate and expand its offerings. With a focus on customer satisfaction and operational excellence, the company's potential for growth remains promising. Investors can stay informed about future developments as Table Trac navigates the opportunities and challenges within the dynamic gaming ecosystem.
Frequently Asked Questions
What is the amount of the dividend declared by Table Trac, Inc.?
The recent dividend declared by Table Trac, Inc. is $0.02 per share.
When will the dividend be payable?
The dividend will be payable on September 12 to shareholders of record by August 29.
What industry does Table Trac, Inc. primarily operate in?
Table Trac, Inc. primarily operates in the casino and gaming technology industry, developing systems for management and operational efficiency.
How long has Table Trac, Inc. been in business?
Table Trac, Inc. was founded in 1995, marking over two decades of service in the gaming sector.
What is CasinoTrac?
CasinoTrac is Table Trac's flagship product, an open-architecture management system that integrates with various third-party software and hardware to optimize casino operations.
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