Silicon Motion Technology (SIMO) Initiates Qtr. Dividend at 15c/ADS; Yields 1.9%

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Go back to Silicon Motion Technology (SIMO) Initiates Qtr. Dividend at 15c/ADS; Yields 1.9%

Silicon Motion Announces Annual Dividend Payable Quarterly

November 2, 2015 8:01 AM EST

TAIPEI, Taiwan, Nov. 02, 2015 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: 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 annual cash dividend to be paid in quarterly installments.

The Board of Directors of the Company has declared the payment of an annual dividend of US$0.60 per ADS1, equivalent to US$0.15 per ordinary share, which will be paid in four quarterly installments of $0.15 per ADS, equivalent to US$0.0375 per ordinary share, according to the following... More