Kulicke & Soffa Declares Regular Quarterly Dividend of $0.14

Rhea-AI Summary

Kulicke and Soffa Industries (NASDAQ: KLIC) has announced a quarterly dividend of $0.14 per share, payable on April 12, 2021, to shareholders on record as of March 25, 2021. This decision reflects the company's commitment to returning value to its shareholders. KLIC, a leader in semiconductor and electronic assembly solutions, emphasizes its role in driving technological advancement across various markets, including automotive, consumer electronics, and computing.

Positive

• Quarterly dividend of $0.14 per share announced.
• Strong commitment to shareholder returns.
• Expanding portfolio in semiconductor and electronic assembly solutions.

Negative

• None.

SINGAPORE, March 5, 2021 /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 $0.14 per share of common stock. The dividend payment will be made on April 12, 2021 to holders of record as of March 25, 2021.

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
F: +65-6880-9580
msim@kns.com

Kulicke & Soffa
Joseph Elgindy
Finance
P: +1-215-784-7500
F: +1-215-784-6180
investor@kns.com

View original content:http://www.prnewswire.com/news-releases/kulicke--soffa-declares-regular-quarterly-dividend-of-0-14--301241394.html

SOURCE Kulicke & Soffa Industries, Inc.

FAQ

What is Kulicke and Soffa's dividend amount and payment date?

Kulicke and Soffa has declared a quarterly dividend of $0.14 per share, payable on April 12, 2021.

What is the record date for Kulicke and Soffa's dividend?

The record date for the dividend payment is March 25, 2021.

How often does Kulicke and Soffa pay dividends?

Kulicke and Soffa pays dividends quarterly.

Is the dividend from Kulicke and Soffa sustainable?

The sustainability of the dividend will depend on the company's future financial performance and cash flow.