Table Trac Announces Cash Dividend for Shareholders
Table Trac Inc. (OTCQX: TBTC) has recently taken an important step for its shareholders by announcing a cash dividend of $0.02 per share on its common stock. The Board of Directors reached this decision on May 5, and the dividend will be distributed to shareholders on June 13. This payment reflects the Company’s commitment to returning value to its investors and maintaining strong financial health.
About Table Trac, Inc.
Since its founding in 1995, Table Trac, Inc. has focused on developing advanced information and management systems tailored specifically for the casino industry. One of their key technologies, CasinoTrac, is particularly noteworthy for its open architecture design, which allows it to function seamlessly with a wide range of third-party hardware and software solutions. This adaptability is crucial for casino operators who require robust and efficient systems to manage their operations.
Core Products and Services
Table Trac’s offerings include several essential modules that facilitate player tracking programs, promotional kiosks, and vault management. Additionally, they provide ongoing technical support to their clients. Their systems are meticulously crafted to meet stringent regulatory requirements, making them an indispensable partner for casinos.
Innovative Technology in Gaming
A standout feature of Table Trac’s product range is their patented real-time system that automates the management of gaming table operations. This technology not only enhances operational efficiency but also helps in monitoring activities effectively, which is crucial in maintaining integrity within gaming establishments.
Global Reach and Market Expansion
The Company has successfully installed its sophisticated management systems and kiosks in over 115 casino operators across more than 300 casinos worldwide. With a dedication to continuous improvement, Table Trac is expanding its product offerings to include exciting new features and ancillary products that meet evolving market needs.
Commitment to Shareholders
By announcing this quarterly dividend, Table Trac showcases its ongoing commitment to shareholder value. Investors can take comfort in the robust performance of the Company and its initiatives aimed at long-term growth. The continued expansion into new markets and enhancement of product lines positions Table Trac favorably for the future.
Frequently Asked Questions
What is the amount of the quarterly dividend announced?
The quarterly dividend announced by Table Trac is $0.02 per share.
When will the dividend be payable?
The dividend will be payable on June 13 to shareholders of record at the close of business on May 30.
What is Table Trac's primary business focus?
Table Trac primarily focuses on developing and providing information and management systems for the casino industry.
How many casino operators currently use Table Trac's systems?
Table Trac's systems are installed in over 115 casino operators worldwide.
What significant technology does Table Trac offer?
The company offers a patented real-time system that automates the operations of casino gaming tables.
