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Stock impact report

Silicon Motion Announces Annual Cash Dividend Payable Quarterly

Silicon Motion Technology Corporation - American Depositary Shares, each representing four ordinary shares (SIMO) 
Last silicon motion technology corporation - american depositary shares, each representing four ordinary shares earnings: 4/28 06:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.siliconmotion.com
Company Research Source: GlobeNewswire
TAIPEI, Taiwan and MILPITAS, Calif., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO)(“Silicon Motion” or the “Company”), a global leader in designing and marketing NAND flash controllers for solid state storage devices, announces today its annual cash dividend of $2.00 per ADS. The Board of Directors of the Company has declared an annual dividend of $2.00 per ADS1,2 which will be paid in four quarterly installments of $0.50 per ADS3 according to the following anticipated record and payment dates: Record DatePayment DateNovember 14, 2024November 27, 2024February 13, 2025February 27, 2025May 8, 2025May 22, 2025August 7, 2025August 21, 2025   The Company’s depository bank’s DR books will be closed for issuance and cancellation on each of the record dates. “Silicon Motion’s business outlook and our ability to generate free cash flow remains strong. Our focus continues to be in distributing a meaningful portion of this to our shareholders as div Show less Read more
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