Amkor Technology (AMKR) Raises Quarterly Dividend 50% to $0.075; 1.1% Yield

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Go back to Amkor Technology (AMKR) Raises Quarterly Dividend 50% to $0.075; 1.1% Yield

Amkor Announces 50% Increase in Quarterly Cash Dividend and Shareholder Return Goal

November 15, 2022 4:18 PM EST

TEMPE, Ariz.--(BUSINESS WIRE)-- Amkor Technology, Inc. (Nasdaq: AMKR), a leading provider of semiconductor packaging and test services, today announced that its Board of Directors has approved a 50% increase in the companys quarterly cash dividend, from $0.05 per share to $0.075 per share, on the companys common stock. This increase will be effective with the dividend payment to be distributed on December 27, 2022 to shareholders of record on December 6, 2022.

Additionally, the company announced its intention to return 40 percent to 50 percent of cumulative free cash flow generated over time, beginning 2022, subject to a variety of... More