Entegris Increases Quarterly Dividend by 25%

By Tamara Parker • Wednesday, July 17 08:04 • Permanent Link

Entegris, Inc. (Nasdaq: ENTG) has declared a quarterly cash dividend of $0.10 per share to be paid on August 21, 2024, to shareholders of record on the close of business on July 31, 2024.

The company, which is a leading supplier of advanced materials and process solutions for the semiconductor and other high-technology industries, has approximately 8,000 employees throughout its global operations and is ISO 9001 certified.

In the previous period, Entegris had declared a quarterly cash dividend of $0.08 per share, which means the dividend has increased by 25% since the last period.

This increase in dividend may be a positive sign for shareholders, indicating the company's confidence in its financial position and its ability to generate cash flow.

Entegris' stock performance and financial health should be closely monitored in the coming quarters to see if this dividend increase is sustainable and reflective of the company's growth prospects. Today the company's shares have moved 0.9% to a price of $146.48. If you want to know more, read the company's complete 8-K report here.

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