Kulicke & Soffa Declares Regular Quarterly Dividend of $0.14

Rhea-AI Summary

Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) has declared a quarterly dividend of $0.14 per share, set to be paid on October 12, 2021. Shareholders on record as of September 23, 2021 are eligible for this payment. The company is recognized for its semiconductor and electronic assembly solutions across various global markets. Established in 1951, K&S focuses on technological advancements and customer collaborations to enhance performance and efficiency in semiconductor devices.

Positive

• Quarterly dividend of $0.14 per share enhances shareholder income.
• Demonstrates company confidence in ongoing financial stability.

Negative

• None.

SINGAPORE, Aug. 26, 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 October 12, 2021 to holders of record as of September 23, 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

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SOURCE Kulicke & Soffa Industries, Inc.

FAQ

What is the dividend amount declared by Kulicke and Soffa (KLIC)?

Kulicke and Soffa has declared a quarterly dividend of $0.14 per share.

When is the payment date for the dividend from KLIC?

The dividend payment will be made on October 12, 2021.

What is the record date for KLIC's dividend?

The record date for the dividend is September 23, 2021.

How often does Kulicke and Soffa pay dividends?

Kulicke and Soffa typically pays dividends on a quarterly basis.

Is the dividend from Kulicke and Soffa sustainable?

The recent declaration of a dividend suggests a positive outlook on the company's financial health, but investors should consider broader market conditions for sustainability.