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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000891092-08-001775.txt : 20080328
<SEC-HEADER>0000891092-08-001775.hdr.sgml : 20080328
<ACCEPTANCE-DATETIME>20080328171049
ACCESSION NUMBER:		0000891092-08-001775
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20080328
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20080328
DATE AS OF CHANGE:		20080328

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TAITRON COMPONENTS INC
		CENTRAL INDEX KEY:			0000942126
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-ELECTRONIC PARTS & EQUIPMENT, NEC [5065]
		IRS NUMBER:				954249240
		STATE OF INCORPORATION:			CA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-25844
		FILM NUMBER:		08720429

	BUSINESS ADDRESS:	
		STREET 1:		28040 WEST HARRISON PARKWAY
		CITY:			VALENCIA
		STATE:			CA
		ZIP:			91355
		BUSINESS PHONE:		(661) 257-6060

	MAIL ADDRESS:	
		STREET 1:		28040 WEST HARRISON PARKWAY
		CITY:			VALENCIA
		STATE:			CA
		ZIP:			91355
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>e31058_8k.txt
<DESCRIPTION>FORM 8-K
<TEXT>
                     U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K
                                 CURRENT REPORT

     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

                Date of Report (Date of earliest event reported)
                                 March 28, 2008

                         TAITRON COMPONENTS INCORPORATED
             (Exact name of registrant as specified in its charter)

         California                      0-25844                 95-4249240
      (State or other                  (Commission           (I.R.S. Employer
jurisdiction of incorporation)         File Number)          Identification No.)

             28040 WEST HARRISON PARKWAY, VALENCIA, CALIFORNIA 91355
               (Address of principal executive offices) (Zip Code)

       Registrant's telephone number, including area code: (661) 257-6060

                                      NONE
          (Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:

|_|   Written communications pursuant to Rule 425 under the Securities Act (17
      CFR 230.425)

|_|   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)

|_|   Pre-commencement communications pursuant to Rule 14d-2(b) under the
      Exchange Act (17 CFR 240.14d-2(b))

|_|   Pre-commencement communications pursuant to Rule 13e-4(c) under the
      Exchange Act (17 CFR 240.13e-4(c))


<PAGE>

ITEM 7.01 Regulation FD Disclosure

      On March 28, 2008, Taitron Components Incorporated ("Taitron") issued a
press release announcing that its Board of Directors declared an annual cash
dividend of $0.05 per share of Class A Common Stock and Class B Common Stock,
payable on April 22, 2008, to shareholders of record at the close of business on
April 15, 2008. The annual dividend was declared in connection with the Board of
Directors' decision in 2007 to establish an annual cash dividend of up to $0.10
per share on its Class A and Class B Common Stock for a period of five years.
The dividend amount for 2008 was reduced from $0.10 to $0.05 per share due to
$786,000 of net cash used in investing activities and $278,000 of net cash used
in operating activities during 2007.

ITEM 9.01 Financial Statements and Exhibits

      (d) Exhibits

            99.1  Press release of the Registrant, dated March 28, 2008.

SIGNATURES

      Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, hereunto duly authorized.

                                TAITRON COMPONENTS INCORPORATED

Dated:  March 28, 2008                 By: /s/ Stewart Wang
                                          --------------------
                                              Stewart Wang
                                              President, Chief Executive Officer
                                              and Chief Financial Officer


                                     Page 2
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>e31058ex99_1.txt
<DESCRIPTION>PRESS RELEASE
<TEXT>
                                                                    Exhibit 99.1

[LOGO]TAITRON                                        28040 West Harrison Parkway
components incorporated                              Valencia, CA  91355-4162
                                                     Tel  (661) 257 6060
                                                     Fax (661) 257 6415

FOR IMMEDIATE RELEASE

                 TAITRON ANNOUNCES DELCARATION OF CASH DIVIDEND

LOS ANGELES, California - March 28, 2008 - Taitron Components Incorporated,
(NASDAQ: TAIT) announced today that its Board of Directors declared an annual
cash dividend of $0.05 per share of Class A Common Stock and Class B Common
Stock, payable on April 22, 2008, to shareholders of record at the close of
business on April 15, 2008.

The annual dividend was declared in connection with the Board of Directors'
decision in 2007 to establish an annual cash dividend of up to $0.10 per share
on its Class A and Class B Common Stock for a period of five years. The dividend
amount for 2008 was reduced from $0.10 to $0.05 per share due to $786,000 of net
cash used in investing activities and $278,000 of net cash used in operating
activities during 2007.

The payment of future cash dividends under the policy is subject to the
continuing determination that the policy remains in the best interest of
Taitron's shareholders and complies with law and any agreements Taitron may
enter into applicable to the declaration and payment of cash dividends. Further,
maintenance of the dividend policy will depend on factors Taitron's Board and
Mr. Stewart Wang deem relevant, including Taitron's cash earnings, financial
condition and cash requirements in any given year. Taitron's ability to declare
dividends could be affected by a variety of factors affecting cash flow,
including required capital expenditures, increased or unanticipated expenses,
additional borrowings and future issuances of securities.

Taitron, based in Valencia, California, is the "Discrete Components Superstore."
The Company distributes a wide variety of transistors, diodes and other discrete
semiconductors, optoelectronic devices and passive components to electronic
distributors, contract electronic manufacturers (CEMs) and original equipment
manufacturers (OEMs), who incorporate them into their products. In addition,
since 2003, Taitron has been developing a market for value-added engineering and
turn-key services for our existing OEM and CEM customers and providing them with
original design and manufacturing (ODM) services for their multi-year turn-key
projects.


<PAGE>

Statements set forth above that are not historical facts are forward-looking
statements that involve risks and uncertainties. Actual results could differ
materially from those projected in the forward-looking statements. Potential
risks and uncertainties include, but are not limited to, factors such as general
economic conditions, fluctuations in product demand and market acceptance, the
Company's ability to maintain customer and vendor relationships, technological
advancements, impact of competitive products and pricing, risks of foreign
operations and other information detailed from time to time in the Company's
reports filed or to be filed with the U.S. Securities and Exchange Commission.
The Company urges all interested parties to read these reports to gain a better
understanding of the many business and other risks that the Company faces.
Additionally, the Company undertakes no obligation to publicly release the
results of any revisions to these forward-looking statements, which may be made
to reflect events or circumstances occurring after the date of this release or
to reflect the occurrence of unanticipated events.

CONTACTS:
Taitron Components Incorporated

Stewart Wang
661-257-6060
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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