Silicon Motion Technology (SIMO) Confirms $0.375 Quarterly Dividend; 3.4% Yield

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Silicon Motion Confirms Quarterly Dividend

April 27, 2020 8:00 AM EDT

TAIPEI, Taiwan and MILPITAS, Calif., April 27, 2020 (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, confirms today its quarterly cash dividend.

On October 25, 2019, the Board of Directors of the Company declared payment of an annual dividend of US$1.40 per ADS1, equivalent to US$0.35 per ordinary share, which will be paid in four quarterly installments of $0.35 per ADS, equivalent to US$0.0875 per ordinary share. According to the previously announced... More