Maxim Integrated Products (MXIM) Raises Quarterly Dividend 7.1% to $0.30; 3.9% Yield

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Go back to Maxim Integrated Products (MXIM) Raises Quarterly Dividend 7.1% to $0.30; 3.9% Yield

Maxim Integrated Reports Results For The Fourth Quarter Of Fiscal 2015; Increases Dividend By 7%

July 23, 2015 4:01 PM EDT

SAN JOSE, Calif., July 23, 2015 /PRNewswire/ -- Maxim Integrated Products, Inc. (NASDAQ: MXIM) reported net revenue of $583 million for its fourth quarter of fiscal 2015 ended June 27, 2015, a 1% increase from the $577 million revenue recorded in the prior quarter, and a 9% decrease from the same quarter of last year.

Tunc Doluca, President and Chief Executive Officer, commented, "In our June quarter, although revenue was slightly below our expectations, we exceeded our EPS guidance due to strong execution on our cost initiatives."... More