Universal Display announced that its Board of Directors approved an increased cash dividend of 40c per share on the company’s common stock for the first quarter of 2024, up from the previous quarter’s dividend of 35c per share. The dividend is payable on March 29, 2024, to shareholders of record on March 15, 2024. The dividend reflects our expected continued cash flow generation, and commitment to return capital to our shareholders. Future dividends will be subject to Board approval.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on OLED:
- Universal Display Corp. (OLED) Q4 Earnings Cheat Sheet
- Universal Display price target raised to $198 from $175 at Needham
- IBM upgraded, Hertz downgraded: Wall Street’s top analyst calls
- Universal Display downgraded to Neutral from Buy at Citi
- Universal Display price target raised to $170 from $150 at Susquehanna