Silicom (SILC) Declares $1.00 Annual Dividend; 3.1% Yield

Silicom (NASDAQ: SILC) declared an annual dividend of $1.00 per share, or $1 annualized.

The dividend will be payable on April 14, 2016, to stockholders of record on March 21, 2016, with an ex-dividend date of March 17, 2016.

The annual yield on the dividend is 3.1 percent.

“We are pleased to continue with our yearly dividend distributions in line with our commitment to create shareholder value,” stated Shaike Orbach, Silicom’s President and CEO. “Since declaring our last dividend, we have continued building our business, delivering our best-ever-quarter in Q4 2015. With confidence in our platform, we continue to pursue a successful business strategy based on strong operating margins, expanding relationships with leading OEM customers, and significant cash generation to fuel our organic and non-organic growth initiatives.”

For a dividend history and other dividend-related data on Silicom (SILC) click here.

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