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MKS Instruments Declares Quarterly Cash Dividend

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MKS Instruments (NASDAQ: MKSI) has announced a quarterly cash dividend of $0.22 per share, payable on December 9, 2022, to shareholders of record as of November 28, 2022. The decision reflects the company’s ongoing commitment to return value to its shareholders. Future dividends are subject to the Board’s final determination. MKS provides advanced technology solutions, crucial for sectors like semiconductor manufacturing and specialty industrial applications, enhancing productivity and innovation.

Positive
  • Authorized quarterly dividend of $0.22 per share.
  • Demonstrates commitment to returning value to shareholders.
  • Serves key sectors like semiconductor manufacturing and specialty applications.
Negative
  • Future dividend payments are not guaranteed and depend on cash available for distribution.

ANDOVER, Mass., Oct. 25, 2022 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of technologies that enable advanced processes and improve productivity, today announced that its Board of Directors has authorized a quarterly cash dividend of $0.22 per share, payable on December 9, 2022 to shareholders of record as of November 28, 2022.

Future dividend declarations, as well as the record and payment dates for such dividends, are subject to the final determination of the company's Board of Directors.

About MKS Instruments

MKS Instruments enables technologies that transform our world. We deliver foundational technology solutions to leading edge semiconductor manufacturing, advanced electronics and specialty industrial applications. We apply our broad science and engineering capabilities to create instruments, subsystems, systems, process control solutions and specialty chemicals technology that improve process performance, optimize productivity and enable unique innovations for many of the world’s leading technology and industrial companies. Our solutions are critical to addressing the challenges of miniaturization and complexity in advanced device manufacturing by enabling increased power, speed and feature enhancement for optimized connectivity. Our solutions are also critical to addressing ever-increasing performance requirements across a wide array of specialty industrial applications. Additional information can be found at www.mks.com.

Safe Harbor for Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 regarding MKS’ dividend program and any future dividend payment obligations. Any statements that are not statements of historical fact should be considered to be forward-looking statements. Actual events or results may differ materially from those in the forward-looking statements set forth herein. Among the important factors that could cause actual events to differ materially from those in the forward-looking statements are cash available for distribution, the then current and expected needs and availability of cash to pay MKS’ obligations, and the other factors described in Exhibit 99.1 to MKS’ Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission on August 17, 2022, and any subsequent Quarterly Reports on Form 10-Q. MKS is under no obligation to, and expressly disclaims any obligation to, update or alter these forward-looking statements, whether as a result of new information, future events or otherwise after the date of this press release.

Investor Relations Contact:
David Ryzhik
Vice President, Investor Relations
Telephone: 978.557.5180
Email: david.ryzhik@mksinst.com

Press Relations:  
Bill Casey  
Senior Director, Marketing Communications  
Telephone: 630.995.6384  
Email: bill.casey@mksinst.com  
  
Tom Davies / Jeremy Fielding  
Kekst CNC
Emails: tom.davies@kekstcnc.com / jeremy.fielding@kekstcnc.com


FAQ

What is the dividend amount announced by MKS Instruments for December 2022?

MKS Instruments announced a quarterly cash dividend of $0.22 per share.

When is the dividend payment date for MKS Instruments?

The dividend payment date is December 9, 2022.

What is the record date for MKS Instruments' dividend?

The record date for the dividend is November 28, 2022.

Is the dividend from MKS Instruments sustainable?

The sustainability of future dividends depends on cash availability and the Board's decisions.

MKS Instruments Inc

NASDAQ:MKSI

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7.03B
66.93M
0.52%
105.05%
3.02%
Scientific & Technical Instruments
Industrial Instruments for Measurement, Display, and Control
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United States of America
ANDOVER