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. This dividend is scheduled to be paid on September 2, 2022, to shareholders on record as of August 22, 2022. Future dividends will require board approval and may vary.

Advanced Energy is a leading provider of precision power conversion and measurement solutions, serving various industries including semiconductor, telecommunications, and healthcare, while fostering innovation and growth for over 40 years.

Positive

• Authorized a quarterly cash dividend of $0.10 per share.
• Dividends reflect company confidence and financial health.

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 September 2, 2022 to shareholders of record as of August 22, 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/20220801005116/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 the dividend for AEIS be paid?

The dividend will be paid on September 2, 2022.

What is the record date for AEIS's dividend?

The record date for the dividend is August 22, 2022.

Are future dividends for AEIS guaranteed?

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