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 for payment on March 5, 2021, to shareholders recorded as of February 22, 2021. This decision reflects the company's commitment to returning value to shareholders, although future dividends are subject to Board approval. Advanced Energy specializes in precision power conversion and measurement solutions, serving diverse sectors such as semiconductor manufacturing and healthcare.

Positive

• Quarterly cash dividend of $0.10 per share enhances shareholder income.
• Demonstrates company confidence in financial health and shareholder returns.

Negative

• None.

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 5, 2021 to shareholders of record as of February 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 more than three 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.

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FAQ

What is the dividend amount declared by AEIS?

Advanced Energy declared a dividend of $0.10 per share.

When will AEIS pay the dividend?

The dividend will be paid on March 5, 2021.

What is the record date for the AEIS dividend?

The record date for the dividend is February 22, 2021.

How often does AEIS declare dividends?

AEIS declares dividends quarterly, subject to Board approval.