FEI Co (FEIC) Raises Quarterly Dividend 20% to $0.30; Approves 2M Common Stock Buyback
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FEI Co (NASDAQ: FEIC) declared a quarterly dividend of $0.30 per share, or $1.2 annualized. This is a 20% increase from the prior dividend of $0.25.
The dividend will be payable on July 28, 2015, to stockholders of record on July 16, 2015, with an ex-dividend date of July 14, 2015.
The annual yield on the dividend is 1.4 percent.
The board of directors also re-authorized and increased the company's share repurchase program. Under the reauthorization, the company may purchase up to an additional 2.0 million shares of its common stock. The authorization will expire on May 29, 2017.
For a dividend history and other dividend-related data on FEI Co (FEIC) click here.
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