{"id":397436,"date":"2020-12-10T09:08:10","date_gmt":"2020-12-10T14:08:10","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=397436"},"modified":"2020-12-10T09:08:10","modified_gmt":"2020-12-10T14:08:10","slug":"kulicke-soffa-raises-quarterly-dividend-by-16-7","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/kulicke-soffa-raises-quarterly-dividend-by-16-7\/","title":{"rendered":"Kulicke & Soffa Raises Quarterly Dividend by 16.7%"},"content":{"rendered":"
\n

Quarterly Dividend Increases to $0.14<\/h2>\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n Singapore<\/span>, Dec. 10, 2020<\/span> \/PRNewswire\/ — Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) (“Kulicke & Soffa,” “K&S” or the “Company”), announced today that its Board of Directors has declared and authorized an increased quarterly dividend of $0.14<\/span> per share of common stock, representing a 16.7% increase. The dividend payment will be made on January 11, 2021<\/span> to holders of record as of December 24, 2020<\/span>.<\/p>\n

\n

\n
\n \"Kulicke
\n <\/a>\n <\/p>\n<\/p><\/div>\n

“We remain committed to creating meaningful and sustainable value through efficient market expansion initiatives, such as our recent entry into advanced display, and also by supporting fundamental technology transitions within the automotive and semiconductor markets,” stated Fusen Chen<\/span>, President and CEO. “Our track record of shareholder returns, and this dividend increase, highlight our ongoing commitment to deliver value on a per share basis.”<\/p>\n

Over the past five fiscal years, K&S has returned $349.6 million<\/span> of capital to investors through the repurchase and dividend programs. The Company maintains its long-term capital allocation target of returning at least 50% of free cash flows to shareholders in the form of share repurchases and dividends.<\/p>\n

\n About Kulicke & Soffa<\/b>\n <\/p>\n

Kulicke & Soffa (NASDAQ: KLIC) is a leading provider of semiconductor and electronic assembly solutions serving the global automotive, consumer, communications, computing and industrial markets. Founded in 1951, K&S prides itself on establishing foundations for technological advancement – creating pioneering interconnect solutions that enable performance improvements, power efficiency, form-factor reductions and assembly excellence of current and next-generation semiconductor devices. <\/p>\n

Leveraging decades of development proficiency and extensive process technology expertise, Kulicke & Soffa’s expanding portfolio provides equipment solutions, aftermarket products and services supporting a comprehensive set of interconnect technologies including wire bonding, advanced packaging, lithography, and electronics assembly. Dedicated to empowering technological discovery, always, K&S collaborates with customers and technology partners to push the boundaries of possibility, enabling a smarter future (www.kns.com<\/a>).<\/p>\n

\n Contacts:<\/b>\n <\/p>\n

\n Kulicke & Soffa <\/b>
\n
\n Marilyn Sim<\/span>
\n
Public Relations
P: +65-6880-9309
F: +65-6880-9580
msim@kns.com<\/a><\/u><\/p>\n

\n Kulicke & Soffa\u00a0\u00a0
<\/b>
\n Joseph Elgindy<\/span>
\n
Investor Relations
P: +1-215-784-7500
F: +1-215-784-6180
investor@kns.com<\/a><\/u><\/p>\n

<\/div>\n

\n \"Cision\" View original content to download multimedia:http:\/\/www.prnewswire.com\/news-releases\/kulicke–soffa-raises-quarterly-dividend-by-16-7-301190127.html<\/a><\/p>\n

SOURCE Kulicke & Soffa Industries, Inc.<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

Quarterly Dividend Increases to $0.14 PR Newswire Singapore, Dec. 10, 2020 \/PRNewswire\/ — Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) (“Kulicke & Soffa,” “K&S” or the “Company”), announced today that its Board of Directors has declared and authorized an increased quarterly dividend of $0.14 per share of common stock, representing a 16.7% increase. The dividend payment will be made on January 11, 2021 to holders of record as of December 24, 2020. “We remain committed to creating meaningful and sustainable value through efficient market expansion initiatives, such as our recent entry into advanced display, and also by supporting fundamental technology transitions within the automotive and semiconductor markets,” stated Fusen Chen, President and CEO. “Our track record of shareholder returns, and … <\/p>\n

Continue reading “Kulicke & Soffa Raises Quarterly Dividend by 16.7%”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-397436","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nKulicke & Soffa Raises Quarterly Dividend by 16.7% - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kulicke-soffa-raises-quarterly-dividend-by-16-7\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kulicke & Soffa Raises Quarterly Dividend by 16.7% - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Quarterly Dividend Increases to $0.14 PR Newswire Singapore, Dec. 10, 2020 \/PRNewswire\/ — Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) (“Kulicke & Soffa,” “K&S” or the “Company”), announced today that its Board of Directors has declared and authorized an increased quarterly dividend of $0.14 per share of common stock, representing a 16.7% increase. The dividend payment will be made on January 11, 2021 to holders of record as of December 24, 2020. “We remain committed to creating meaningful and sustainable value through efficient market expansion initiatives, such as our recent entry into advanced display, and also by supporting fundamental technology transitions within the automotive and semiconductor markets,” stated Fusen Chen, President and CEO. “Our track record of shareholder returns, and … Continue reading "Kulicke & Soffa Raises Quarterly Dividend by 16.7%"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/kulicke-soffa-raises-quarterly-dividend-by-16-7\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-10T14:08:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/1310992\/Kulicke_Soffa_Industries_Inc_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kulicke-soffa-raises-quarterly-dividend-by-16-7\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kulicke-soffa-raises-quarterly-dividend-by-16-7\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Kulicke & Soffa Raises Quarterly Dividend by 16.7%\",\"datePublished\":\"2020-12-10T14:08:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kulicke-soffa-raises-quarterly-dividend-by-16-7\\\/\"},\"wordCount\":367,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kulicke-soffa-raises-quarterly-dividend-by-16-7\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1310992\\\/Kulicke_Soffa_Industries_Inc_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kulicke-soffa-raises-quarterly-dividend-by-16-7\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kulicke-soffa-raises-quarterly-dividend-by-16-7\\\/\",\"name\":\"Kulicke & Soffa Raises Quarterly Dividend by 16.7% - 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