tiprankstipranks
Silicon Motion Announces Upcoming Dividend
Company Announcements

Silicon Motion Announces Upcoming Dividend

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.

For further insights into SIMO stock, check out TipRanks’ Stock Analysis page.

Looking for more investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!