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Silicon Motion announces annual dividend increase

SIMO

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12:00:59 PM UTC
SquawkNews
Silicon Motion Raises Annual Dividend to $2.30 >SIMO
12:07:35 PM UTC
SquawkNews
Silicon Motion declared an annual cash dividend of $2.30 per ADS, up 15% from 2025, to be paid in four quarterly installments of $0.575 per ADS.Material DetailsContext by AI AnalystThis is a late confirmation of improving fundamentals after several strong years. A firm ex-date and sustained payout…
12:20:48 PM UTC
SquawkNews
By Colin KellaherSilicon Motion Technology's board has raised the company's annual dividend by 15%, to $2.30 from $2.00.Silicon Motion on Friday said it will make four quarterly payouts of 57.5 cents, with the first one payable Nov. 19 to shareholders of record Nov. 5.The new dividend rate equates…