Kemet Corporation (KEM) Initiates $0.05 Quarterly Dividend; 1.1% Yield

Kemet Corporation (NYSE: KEM) initaites a quarterly dividend of $0.05 per share, or $0.2 annualized.

The dividend will be payable on November 26, 2018, to shareholders of record on November 16, 2018, with an ex-dividend date of November 15, 2018.

The annual yield on the dividend is 1.1 percent.

“This announcement reflects the confidence we have in the strength of our business,” said Per Loof, the Company’s Chief Executive Officer. “Looking to the future, our strong cash flow will allow us to continue to invest in our business to increase capacity and make strategic acquisitions, while also providing a regular return of capital to shareholders,” continued Loof.

For a dividend history and other dividend-related data on Kemet Corporation (KEM) click here.

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