Deswell Industries, Inc. (NASDAQ:DSWL) Shares Sold by InterOcean Capital Group LLC

InterOcean Capital Group LLC lowered its position in Deswell Industries, Inc. (NASDAQ:DSWL) by 6.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 74,000 shares of the technology company’s stock after selling 4,750 shares during the period. InterOcean Capital Group LLC’s holdings in Deswell Industries were worth $165,000 as of its most recent filing with the Securities & Exchange Commission.

Deswell Industries Trading Up 1.6 %

DSWL stock opened at $2.50 on Friday. The firm has a 50 day moving average of $2.44 and a 200-day moving average of $2.37. Deswell Industries, Inc. has a 12-month low of $2.12 and a 12-month high of $2.88.

Deswell Industries (NASDAQ:DSWL) last issued its quarterly earnings data on Thursday, June 20th. The technology company reported $0.48 earnings per share for the quarter. The business had revenue of $69.37 million for the quarter.

Deswell Industries Announces Dividend

The firm also recently disclosed a Semi-Annual dividend, which was paid on Friday, July 19th. Stockholders of record on Friday, July 5th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Friday, July 5th. This represents a dividend yield of 8.1%.

Deswell Industries Company Profile

Deswell Industries, Inc manufactures and sells injection-molded plastic parts and components, electronic products and subassemblies, and metallic molds and accessory parts for original equipment manufacturers and contract manufacturers. It operates through two segments, Plastic Injection Molding and Electronic Products Assembling.