taitron components inc on friday said its board declared a special onetime cash dividend of 10 cents a share the special dividend will be in addition to the companys quarterly cash dividend of 45 cents per share of common stock both dividends will be payable on may 31 to shareholders of record at the close of business on may 13 stewart wang the companys president said our strong balance sheet allows us to pay this onetime special dividend from existing cash balances while preserving financial and operational flexibility in oct of last year the company raised its quarterly dividend to 45 cents per share from 4 cents