Silicon Motion Technology (SIMO) Declares $0.15 Quarterly Dividend; 2.1% Yield

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Silicon Motion Announces Quarterly Dividend

July 27, 2015 8:01 AM EDT

TAIPEI, Taiwan, July 27, 2015 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (Nasdaq: SIMO) (Silicon Motion or the Company), a global leader in NAND flash controllers for solid state storage devices and specialty RF IC solutions for mobile devices, announces today its quarterly cash dividend.

The Board of Directors of the Company has declared the payment of a quarterly dividend of US$0.15 per ADS[1], equivalent to US$0.0375 per ordinary share, which will be paid on August 26, 2015 to all shareholders of record on August 14, 2015. Our depository banks DR Books will be closed for issuance and cancellation on August... More