Silicon Motion Technology (SIMO) Declares $0.0375 Quarterly Dividend; 0.3% Yield

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Silicon Motion Confirms Quarterly Dividend

July 21, 2016 8:02 AM EDT

TAIPEI, Taiwan and MILPITAS, Calif., July 21, 2016 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) (Silicon Motion or the Company), a global leader in NAND flash controllers for SSDs and other solid state storage devices, confirms today its quarterly cash dividend.

On November 2, 2015, the Board of Directors of the Company declared 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 previously announced record and payment dates, the next... More