Advanced Energy Declares Quarterly Cash Dividend

Rhea-AI Summary

Advanced Energy Industries has announced a quarterly cash dividend of $0.10 per share, set to be paid on December 2, 2022. Shareholders of record as of November 21, 2022 will receive this dividend. Future dividends and associated dates will require board approval. Advanced Energy specializes in precision power solutions across various industries, including semiconductor, industrial production, and medical sectors, demonstrating a commitment to innovation and customer service.

Positive

• Quarterly cash dividend of $0.10 per share announced.
• Demonstrates a positive financial position and commitment to returning value to shareholders.

Negative

• Future dividends are subject to board review, indicating potential uncertainty.

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 2, 2022 to shareholders of record as of November 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 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 production, medical and life sciences, data center computing, networking and telecommunications. 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. Trust.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221108005442/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 in 2022?

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

When is the dividend payment date for AEIS?

The dividend payment date for AEIS is December 2, 2022.

Who qualifies for the AEIS dividend?

Shareholders of record as of November 21, 2022, qualify for the AEIS dividend.

How often does AEIS declare dividends?

Dividends are declared quarterly, subject to board approval.

Is the AEIS dividend sustainable?

Future dividends are subject to review, which may impact sustainability.