Kulicke & Soffa Declares Quarterly Dividend of $0.17

Rhea-AI Summary

Kulicke and Soffa Industries (NASDAQ: KLIC) has announced a quarterly dividend of $0.17 per share, set for payment on July 11, 2022. This dividend will be distributed to shareholders on record as of June 23, 2022. The company specializes in semiconductor and electronic assembly solutions across various industries such as automotive and computing. With a strong focus on technological advancements, KLIC aims to enhance efficiency and performance in next-generation semiconductor devices.

Positive

• Declaration of a quarterly dividend of $0.17 per share.
• Dividend payment dates are clearly communicated, enhancing shareholder confidence.

Negative

• None.

SINGAPORE, June 8, 2022  /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 $0.17 per share of common stock. The dividend payment will be made on July 11, 2022 to holders of record as of June 23, 2022.

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, 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
Marilyn Sim
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 quarterly dividend of $0.17 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on July 11, 2022.

What is the record date for the dividend payment?

The record date for the dividend payment is June 23, 2022.

How often does Kulicke and Soffa pay dividends?

Kulicke and Soffa pays dividends quarterly.

Is the dividend sustainable for Kulicke and Soffa?

The announcement indicates a commitment to returning value to shareholders, but sustainability would depend on future financial performance.