FEI Co (FEIC) Raises Quarterly Dividend 20% to $0.30; Approves 2M Common Stock Buyback

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FEI Company Announces 20% Increase in Cash Dividend, New Share Repurchase Authorization

June 4, 2015 8:01 AM EDT

HILLSBORO, Ore., June 4, 2015 (GLOBE NEWSWIRE) -- FEI Company (Nasdaq: FEIC) announced today that its Board of Directors has approved an increase in the company's quarterly cash dividend from $0.25 to $0.30 per share of common stock.

The $0.30 per share dividend will be paid on July 28, 2015 to all shareholders of record as of the close of business on July 16, 2015. The timing and amounts of future dividends are subject to determination and approval by FEI's board.

The board of directors also re-authorized and increased the company's share repurchase program. Under the reauthorization, the company may... More