Silicon Motion Technology (SIMO) Maintains Quarterly Dividend at $0.50; 2.9% Yield

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Go back to Silicon Motion Technology (SIMO) Maintains Quarterly Dividend at $0.50; 2.9% Yield

Silicon Motion Confirms Quarterly Dividend

July 29, 2024 8:00 AM EDT

TAIPEI, Taiwan and MILPITAS, Calif., July 29, 2024 (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 30, 2023, the Board of Directors of the Company declared payment of an annual dividend of US$2.00 per ADS1, equivalent to US$0.50 per ordinary share, which will be paid in four quarterly installments of $0.50 per ADS, equivalent to US$0.125 per ordinary share.  According to the previously announced... More