Silicon Motion confirms quarterly dividend of 50c per ADS

Silicon Motion Technology confirms its quarterly cash dividend. On October 30, 2023, the Board of Directors of the Company declared payment of an annual dividend of $2.00 per ADS, equivalent to $0.50 per ordinary share, which will be paid in four quarterly installments of 0.50 per ADS, equivalent to $0.125 per ordinary share. According to the previously announced record and payment dates, the next quarterly installment will be paid on August 22, 2024 to all shareholders of record on August 8, 2024. Our depository bank’s DR Books will be closed for issuance and cancellation on August 8, 2024.