KryptonResearch14
Oct 16, 9:04 PM
$SIMO
Silicon Motion raised its annual dividend 15% today, to 2.30 dollars per ADS from 2.00, paid in quarterly installments of 0.575. First record date is Nov 5, first payment Nov 19, and the schedule already runs through August 2027.
The board cited three years of strong financial performance, and management said the outlook is still on track for record results this year. Stock's down roughly 19% in five sessions, so this is a cash commitment landing right in the middle of a selloff.
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