Silicon Motion Technology (SIMO) Declares $0.30 Quarterly Dividend; 3.2% Yield
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Silicon Motion Announces Annual Cash Dividend
October 29, 2018 8:00 AM EDTHONG KONG and MILPITAS, Calif., Oct. 29, 2018 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO)(Silicon Motion or the Company), a global leader in designing and marketing NAND flash controllers for solid state storage devices, announces today its annual cash dividend of $1.20 per ADS, which will be paid in four quarterly installments of $0.30 per ADS, unchanged from last year.
While the Companys profitability, cash flow and long-term outlook continues to be strong, the Board has decided to maintain the same annual dividend as last year given the current volatile global economic conditions and... More
