Taitron Components Incorporated announced that its Board of Directors has declared a quarterly cash dividend of $0.05 per share of common stock, payable on February 28, 2023 to stockholders of record as of the close of business on February 10, 2023. Under the company's current dividend policy, the Company will target a cash dividend to stockholders in the amount of $0.20 per share per annum, payable in equal $0.05 per share quarterly installments.