Advanced Energy Declares Quarterly Cash Dividend

Rhea-AI Summary

Advanced Energy Industries, Inc. (NASDAQ: AEIS) has announced a quarterly cash dividend of $0.10 per share. The dividend will be payable on December 1, 2023, to shareholders of record as of November 20, 2023.

DENVER, Colo.--(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 1, 2023 to shareholders of record as of November 20, 2023.

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/20231106824693/en/

Andrew Huang

Advanced Energy Industries, Inc.

970-407-6555

ir@aei.com

Source: Advanced Energy Industries, Inc.

FAQ

What is the dividend amount announced by Advanced Energy Industries, Inc.?

Advanced Energy Industries, Inc. has announced a quarterly cash dividend of $0.10 per share.

When will the dividend be payable?

The dividend will be payable on December 1, 2023.

Who will be eligible for the dividend?

Shareholders of record as of November 20, 2023, will be eligible for the dividend.

Are future dividend declarations guaranteed?

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