Cypress Semiconductor (CY) Declares $0.11 Quarterly Dividend; 1.9% Yield

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Go back to Cypress Semiconductor (CY) Declares $0.11 Quarterly Dividend; 1.9% Yield

Cypress Announces Quarterly Cash Dividend

February 18, 2020 8:00 AM EST

SAN JOSE, Calif.--(BUSINESS WIRE)-- Cypress Semiconductor Corp. (NASDAQ: CY) today announced that its Board of Directors has approved a conditional quarterly cash distribution of $0.11 per share payable to holders of record of the Companys common stock at the close of business on March 26, 2020. This dividend is expected to be paid on April 16, 2020.

The dividend will not be paid if the closing of the acquisition of Cypress by Infineon Technologies AG (Infineon) under the previously announced Agreement and Plan of Merger, dated June 3, 2019, occurs prior to the close of business on... More