Monolithic Power (MPWR) has released an update.
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The Company has announced a boost in its quarterly cash dividend, raising it from $1.00 to $1.25 per share, signaling a positive turn for investors. Stockholders on record by March 29, 2024, will benefit from this increase with the first enhanced dividend payment scheduled for April 15, 2024.
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For a comprehensive understanding of the announcement, you can read the full document here.