 LOS ANGELES, Oct. 30, 2020 GLOBE NEWSWIRE -- Taitron Components Incorporated NASDAQ:TAIT today announced that its Board of Directors has declared a quarterly cash dividend of 0.04 per share of common stock, payable on November 30, 2020 to stockholders of record as of the close of business on November 13, 2020. Under our revised dividend policy, the Company will now target a cash dividend to our stockholders in the amount of 0.16 per share per annum, payable in equal 0.04 per share quarterly installments. This effectively increases by 14.3 our quarterly cash dividends from 0.035 per share to 0.04 per share. 