Cypress Semiconductor (CY) Declares $0.11 Quarterly Dividend; 4.6% Yield

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Go back to Cypress Semiconductor (CY) Declares $0.11 Quarterly Dividend; 4.6% Yield

Cypress Announces Quarterly Cash Dividend

May 11, 2016 8:00 AM EDT

SAN JOSE, Calif., May 11, 2016 /PRNewswire/ -- Cypress Semiconductor Corp. (NASDAQ: CY) today announced that its Board of Directors has approved a quarterly cash distribution of $0.11 per share payable to holders of record of the Company's common stock at the close of business on June 30, 2016. This dividend will be paid on July 21, 2016.

For US income tax purposes, Cypress will make a determination as to whether 2016 distributions are to be treated as a return of capital or a dividend after the Company's 2016 fiscal year end. At this time we anticipate that 2016... More