Advanced Energy Declares Quarterly Cash Dividend

Rhea-AI Summary

Advanced Energy Industries, Inc. (Nasdaq: AEIS) has declared a quarterly cash dividend of $0.10 per share, set to be paid on June 3, 2022, to shareholders recorded as of May 23, 2022.

This dividend declaration reflects the company's ongoing commitment to returning value to shareholders, though future dividends are subject to board review. Advanced Energy specializes in precision power conversion and control solutions, serving various industries, including semiconductor equipment and telecommunications.

Positive

• Quarterly cash dividend of $0.10 per share.
• Dividend payment reflects the company's commitment to shareholder value.

Negative

• None.

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 June 3, 2022, to shareholders of record as of May 23, 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 Industries, Inc. (Nasdaq: AEIS) is a global leader in the design and manufacture of highly engineered, precision power conversion, measurement and control solutions for mission-critical applications and processes. Advanced Energy’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 for customers around the globe, the company builds collaborative partnerships to meet technology advances, propels growth of its customers and innovates the future of power. Advanced Energy has devoted four decades to perfecting power. It 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/20220503006166/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?

Advanced Energy Industries has declared a dividend of $0.10 per share.

When will the dividend be paid?

The dividend will be paid on June 3, 2022.

What is the record date for the AEIS dividend?

The record date for the dividend is May 23, 2022.

Is the dividend payment sustainable for AEIS shareholders?

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