Advanced Energy Declares Quarterly Cash Dividend

Rhea-AI Summary

Advanced Energy Industries, Inc. (NASDAQ: AEIS) has authorized a quarterly cash dividend of $0.10 per share, scheduled for March 4, 2022. Shareholders of record as of February 21, 2022 will receive this dividend. The board will review and approve any future dividend declarations, alongside their respective record and payment dates. Advanced Energy specializes in precision power conversion and control solutions, serving various industries including semiconductor and healthcare, with a longstanding commitment to innovation in power solutions.

Positive

• Authorized a quarterly dividend of $0.10 per share, indicating strong cash flow.
• Dividend payable on March 4, 2022, demonstrates commitment to returning value to shareholders.

Negative

• None.

DENVER, Colo.--(BUSINESS WIRE)-- Advanced Energy Industries, Inc. (NASDAQ: AEIS), a global leader in highly engineered, precision power conversion, measurement, and control solutions, today announced that its board of directors has authorized a quarterly cash dividend of $0.10 per share, payable on March 4, 2022, to shareholders of record as of February 21, 2022.

Future dividend declarations, as well as the record and payment dates for such dividends, are subject to review and approval by the board of directors.

About Advanced Energy

Advanced Energy (Nasdaq: AEIS) is a global leader in the design and manufacturing of highly engineered, precision power conversion, measurement and control solutions for mission-critical applications and processes. AE’s power solutions enable customer innovation in complex applications for a wide range of industries including semiconductor equipment, industrial, manufacturing, telecommunications, data center computing and healthcare. With engineering know-how and responsive service and support around the globe, the company builds collaborative partnerships to meet technology advances, propel growth for its customers and innovate the future of power. Advanced Energy has devoted four decades to perfecting power for its global customers and is headquartered in Denver, Colorado, USA. For more information visit www.advancedenergy.com.

Advanced Energy | Precision. Power. Performance.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220203005298/en/

Edwin Mok

Advanced Energy Industries, Inc.

(970) 407-6555

ir@aei.com

Source: Advanced Energy Industries, Inc.

FAQ

What is the dividend amount for AEIS?

The dividend amount for Advanced Energy Industries, Inc. (AEIS) is $0.10 per share.

When will AEIS pay its dividend?

The dividend will be paid on March 4, 2022.

What is the record date for the AEIS dividend?

The record date for the dividend is February 21, 2022.

Will AEIS continue to pay dividends in the future?

Future dividend declarations are subject to review and approval by the board of directors.