dividend
confidence high
sentiment positive
materiality 0.75
Kulicke & Soffa raises dividend to $0.205/share, authorizes $300M buyback
KULICKE & SOFFA INDUSTRIES INC
- Quarterly dividend increased to $0.205 per share, up $0.005 from prior quarter.
- Dividend payable January 7, 2025 to holders of record December 19, 2024.
- Board approved new $300 million share repurchase program; existing $800M program had $30.3M remaining.
- Existing repurchase program expected to complete in fiscal Q1 2025 before new program begins.
- Since 2014, K&S repurchased 30.2M shares at average price of approximately $28.75 per share.