Kulicke & Soffa Declares Quarterly Dividend of $0.19

Rhea-AI Summary

Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) announced a quarterly dividend of $0.19 per share, set to be paid on April 10, 2023, to shareholders on record as of March 23, 2023. The company continues to reinforce its commitment to returning value to shareholders while maintaining a leadership position in providing semiconductor, LED, and electronic assembly solutions globally. This dividend reflects KLIC's ongoing performance and confidence in future growth within the automotive, consumer, and industrial markets.

Positive

• Quarterly dividend of $0.19 per share reflects company confidence.
• Payment scheduled on April 10, 2023, supporting shareholder value.

Negative

• None.

SINGAPORE, March 2, 2023 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) ("Kulicke & Soffa," "K&S" or the "Company"), announced today that its Board of Directors has declared and authorized a quarterly dividend of $0.19 per share of common stock. This upcoming dividend payment will be made on April 10, 2023 to holders of record as of March 23, 2023.

About Kulicke & Soffa

Kulicke & Soffa (NASDAQ: KLIC) is a leading provider of semiconductor, LED and electronic assembly solutions serving the global automotive, consumer, communications, computing and industrial markets. Founded in 1951, K&S prides itself on establishing foundations for technological advancement - creating pioneering interconnect solutions that enable performance improvements, power efficiency, form-factor reductions and assembly excellence of current and next-generation semiconductor devices.

Leveraging decades of development proficiency and extensive process technology expertise, Kulicke & Soffa's expanding portfolio provides equipment solutions, aftermarket products and services supporting a comprehensive set of interconnect technologies including wire bonding, advanced packaging, lithography, mini and micro LED transfer and electronics assembly. Dedicated to empowering technological discovery, always, K&S collaborates with customers and technology partners to push the boundaries of possibility, enabling a smarter future.

Contacts
Kulicke & Soffa
Public Relations
P: +65-6880-9309
msim@kns.com

Kulicke & Soffa
Joseph Elgindy
Finance
P: +1-215-784-7500
investor@kns.com

 

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SOURCE Kulicke & Soffa Industries, Inc.

FAQ

What is the dividend amount declared by Kulicke and Soffa?

Kulicke and Soffa has declared a dividend of $0.19 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on April 10, 2023.

Who is eligible for the dividend payment?

Shareholders who are on record as of March 23, 2023, are eligible for the dividend payment.

What is the significance of the dividend payment for KLIC shareholders?

The dividend payment illustrates the company's commitment to returning value to shareholders.