Taitron Components Incorporated announced that its Board of Directors has declared a quarterly cash dividend of $0.045 per share of common stock, payable on August 31, 2022 to stockholders of record as of the close of business on August 12, 2022. Under current dividend policy, the Company will target a cash dividend to stockholders in the amount of $0.18 per share per annum, payable in equal $0.045 per share quarterly installments.