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 payment on December 3, 2021, to shareholders on record as of November 22, 2021. This decision reflects the company's commitment to returning value to its shareholders. Future dividends will be subject to board review and approval. Advanced Energy specializes in precision power conversion, measurement, and control solutions for critical applications across various industries, including semiconductor and telecommunications.

Positive

• Quarterly cash dividend of $0.10 per share approved.

Negative

• Future dividend payments subject to board review, indicating potential for changes.

DENVER--(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 December 3, 2021, to shareholders of record as of November 22, 2021.

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.

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Brian Smith

Advanced Energy Industries, Inc.

(970) 407-6555

ir@aei.com

Source: Advanced Energy Industries, Inc.

FAQ

What is the dividend amount for AEIS in December 2021?

The dividend amount for AEIS is $0.10 per share.

When will AEIS pay its quarterly dividend?

AEIS will pay its quarterly dividend on December 3, 2021.

What is the record date for AEIS's dividend?

The record date for AEIS's dividend is November 22, 2021.

Are future dividends for AEIS guaranteed?

Future dividends are subject to review and approval by the Board of Directors.