CSP Inc. Announces $0.03 Dividend Payment, Raises Dividend Yield to 1.0%

CSP Inc. (NASDAQ:CSPI) announced a dividend of $0.03 per share, with a yield of 1.0%. Although the company is not generating a profit, it is generating healthy free cash flows that cover the dividend. The dividend yield may be attractive, but the company's dividend track record is not great, with cuts in the past and declining annual payments. The company is growing its earnings per share at 25% per year, which could bode well for the dividend in the future.