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 June 4, 2021 to shareholders recorded by May 24, 2021. This decision reflects the company's commitment to delivering shareholder value and is subject to future approval by the Board of Directors. Advanced Energy specializes in precision power conversion, measurement, and control solutions across various sectors, including semiconductor equipment and data centers.

Positive

• Dividend of $0.10 per share showcases commitment to return value to shareholders.
• Affirmation of ongoing profitability and cash flow management.

Negative

• Future dividends dependent on Board approval may indicate potential volatility.
• -

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 4, 2021 to shareholders of record as of May 24, 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.

Advanced Energy | Precision. Power. Performance.

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FAQ

What is the dividend amount for AEIS in June 2021?

The dividend amount for AEIS in June 2021 is $0.10 per share.

When will the AEIS dividend be paid?

The AEIS dividend will be paid on June 4, 2021.

What is the record date for AEIS's June 2021 dividend?

The record date for AEIS's June 2021 dividend is May 24, 2021.

Are future dividends for AEIS guaranteed?

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

How often does AEIS declare dividends?

AEIS typically declares dividends on a quarterly basis.