Vishay Intertechnology Announces Dividend Declaration
Vishay Intertechnology, Inc. (NYSE: VSH), a leading manufacturer of discrete semiconductors and passive components, has announced that its Board of Directors declared a quarterly dividend of $0.10 per share of both common and Class B common stock. This dividend will be paid to all shareholders of record as of the close of business on December 3, with a payment date set for December 12. The company emphasizes that future dividends will require the Board's approval, allowing for adaptability based on company performance and market conditions.
Understanding Vishay Intertechnology's Role in the Market
Vishay boasts an extensive portfolio comprising a wide variety of electronic components that are crucial for technological innovation across various industries. From automotive to healthcare, and consumer electronics to military applications, the company plays a pivotal role in ensuring the reliability and efficiency of electronic devices. Their tagline, 'The DNA of tech,' signifies their commitment to being foundational in the technological landscape.
Factors Influencing Dividend Decisions
The declaration of dividends is a significant indicator of the company's financial health and outlook. These dividends not only reward existing shareholders but also attract potential investors. However, the sustainability of such payouts depends on a range of factors including overall business and economic conditions, manufacturing capabilities, and effective management strategies. Vishay is committed to navigating these complexities to maintain its dividend policy while continuing to invest in growth opportunities.
About Vishay Intertechnology
Vishay Intertechnology, Inc., a Fortune 1,000 company, stands among the largest manufacturers of discrete semiconductors and passive components worldwide. Its extensive production and diversified product offerings support myriad applications in various sectors, making it a preferred partner for countless tech firms around the globe. For more details on their vast range of products and innovations, visit www.vishay.com.
Contact Information
If you require any further information or have inquiries regarding Vishay's operations, please reach out to:
Peter Henrici
Executive Vice President, Corporate Development
+1-610-644-1300
Frequently Asked Questions
What is the declared dividend amount per share for VSH?
The declared dividend amount is $0.10 per share for both common and Class B common stock.
When will the dividend payment be made?
The dividend payment is scheduled for December 12 to shareholders of record as of December 3.
What does Vishay Intertechnology manufacture?
Vishay manufactures discrete semiconductors and passive electronic components essential for various technological applications.
Is the future of dividend payments guaranteed?
No, future dividends are subject to approval by the Board of Directors based on the company’s performance and market conditions.
Who can I contact for more information regarding Vishay?
For inquiries, you can contact Peter Henrici, the Executive Vice President of Corporate Development, at +1-610-644-1300.
