Silicon Motion (SIMO) has released an update.
Silicon Motion Technology Corporation has confirmed a quarterly cash dividend of US$0.50 per ADS, with the next installment payable on May 23, 2024, to shareholders on record as of May 9, 2024. The company emphasizes its position as a global leader in NAND flash controllers for solid state storage devices, supplying to a wide range of customers including major OEMs, storage device makers, and NAND flash vendors. Future dividends are contingent upon board approval and compliance with relevant laws and agreements.
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