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Amkor Technology Declares Quarterly Dividend

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Amkor Technology, Inc. (AMKR) declares a quarterly cash dividend of $0.07875 per share, payable on April 1, 2024, to stockholders of record as of March 12, 2024.
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Insights

The announcement of a quarterly cash dividend by Amkor Technology, Inc. signifies a distribution of earnings to shareholders, which often reflects the company's current financial health and confidence in maintaining or increasing profitability. The dividend yield, calculated by the annual dividends per share divided by the stock price, is a key metric that investors use to assess the return on investment from dividends alone. In this case, the declared dividend of $0.07875 per share can be juxtaposed against the company's stock price to evaluate the yield.

Furthermore, the sustainability of dividends is typically assessed by examining the company's payout ratio, which is the proportion of earnings paid out as dividends to shareholders. A low to moderate payout ratio may indicate that the company retains enough earnings for growth, while a high ratio could signal potential cash flow issues if not supported by strong earnings. It is also essential to consider the company's historical dividend patterns and any sector-specific challenges that might impact future payouts.

The declaration of a dividend can also have implications for investor sentiment and stock market performance. Dividends are often seen as a sign of corporate maturity and stability, which can attract income-focused investors, particularly in volatile market conditions. However, for growth-oriented investors, the initiation or increase of a dividend might raise questions about the company's ability to reinvest its profits effectively for future growth.

It is also worth analyzing the semiconductor industry's trends, as factors such as supply chain disruptions, technological advancements and competitive dynamics could influence Amkor Technology's operational performance and, consequently, its ability to sustain dividend payments. The semiconductor industry is capital-intensive and companies must balance returning capital to shareholders with investing in R&D and capital expenditures to stay competitive.

TEMPE, Ariz.--(BUSINESS WIRE)-- Amkor Technology, Inc. (Nasdaq: AMKR), a leading provider of semiconductor packaging and test services, today announced that its Board of Directors has approved a quarterly cash dividend of $0.07875 per share on the company’s common stock. The dividend will be payable on April 1, 2024 to stockholders of record as of the close of business on March 12, 2024.

About Amkor Technology, Inc.

Amkor Technology, Inc. is the world's largest US headquartered OSAT (outsourced semiconductor assembly and test) service provider. Since its founding in 1968, Amkor has pioneered the outsourcing of IC packaging and test services and is a strategic manufacturing partner for the world's leading semiconductor companies, foundries, and electronics OEMs. Amkor provides turnkey manufacturing services for the communication, automotive and industrial, computing, and consumer industries, including but not limited to smartphones, electric vehicles, data centers, artificial intelligence and wearables. Amkor's operational base includes production facilities, research and development centers and sales and support offices located in key electronics manufacturing regions in Asia, Europe and the United States. For more information, visit amkor.com.

Investor Relations

Jennifer Jue

Vice President, Investor Relations and Finance

480-786-7594

jennifer.jue@amkor.com

Social Media: @amkortechnology

Source: Amkor Technology, Inc.

FAQ

What is the ticker symbol of Amkor Technology, Inc.?

The ticker symbol of Amkor Technology, Inc. is AMKR.

How much is the quarterly cash dividend declared by Amkor Technology, Inc.?

Amkor Technology, Inc. has declared a quarterly cash dividend of $0.07875 per share.

When will the dividend be payable to the stockholders?

The dividend declared by Amkor Technology, Inc. will be payable on April 1, 2024.

Who is eligible to receive the dividend from Amkor Technology, Inc.?

Stockholders of Amkor Technology, Inc. as of the close of business on March 12, 2024, are eligible to receive the dividend.

Amkor Technology Inc

NASDAQ:AMKR

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6.54B
111.75M
55.48%
44.62%
2.09%
Semiconductor Equipment & Materials
Semiconductors & Related Devices
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United States of America
TEMPE