Kulicke & Soffa Industries Declares $0.20 Quarterly Dividend

Kulicke & Soffa Industries, Inc. (NASDAQ: KLIC) has recently declared and authorized a quarterly dividend of $0.20 per share of common stock. This upcoming dividend payment is scheduled to be made on October 8, 2024, to shareholders of record as of September 19, 2024.

The company, founded in 1951, specializes in developing cutting-edge semiconductor and electronics assembly solutions supporting various markets such as advanced display, automotive, communications, compute, consumer, data storage, energy storage, and industrial.

In the last reported period, the company's revenue stood at $1.06 billion, representing a 6.6% increase from the previous period. Additionally, the net income for the same period was $141.7 million, marking a significant 25.9% growth compared to the prior period.

Moreover, the company's operating cash flow in the last reported period was $184.3 million, reflecting a notable 45.8% surge from the previous period. Furthermore, the free cash flow for the same period was $157.6 million, indicating a robust 48.7% increase compared to the prior period.

It's important to note that the company's dividend payment history showcases a commitment to rewarding its shareholders, with the latest declared dividend remaining unchanged from the previous period.

Today the company's shares have moved -1.0% to a price of $43.14. If you want to know more, read the company's complete 8-K report here.

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