Vishay Intertechnology Announces Quarterly Dividend Payment Strategy
Vishay Intertechnology's Dividend Declaration Highlights
Vishay Intertechnology, Inc. (NYSE: VSH), a prominent player in the semiconductor and passive components industry, has recently made an exciting announcement regarding its quarterly dividend. The Company’s Board of Directors has declared a dividend of $0.10 per share for both common and Class B common stock. This reflects Vishay's commitment to returning value to its stockholders.
Dividend Details
The scheduled payment for the dividend will take place on March 27, 2025. Stockholders of record, determined as of the close of business on March 13, 2025, will be eligible to receive this dividend. It’s important to note that future dividends will be subject to the Board's approval, which underscores the Company's strategic approach to financial management and shareholder engagement.
About Vishay Intertechnology
Vishay Intertechnology is considered one of the largest manufacturers in the electronics sector, boasting a comprehensive portfolio of discrete semiconductors and passive components. These components are vital in numerous markets including automotive, industrial, computing, consumer electronics, telecommunications, military, aerospace, and medical applications. With a mission to innovate and serve customers globally, Vishay has positioned itself as a cornerstone in technological advancements.
The Role of Vishay in Technology
Vishay's motto, "The DNA of tech.®", aptly captures the Company's essence and commitment to providing essential products that help in the development of cutting-edge technologies. As a Fortune 1,000 Company, Vishay continues to lead the way in offering solutions that meet the ever-evolving demands of various industries.
Financial Health and Future Prospects
Vishay's recent dividend declaration not only reflects its financial health but also signals its potential for continued growth and stability. The Company remains resilient amidst challenges such as market fluctuations and industry competition. By focusing on innovation and operational efficiency, Vishay aims to enhance its market position and deliver sustained value to its shareholders.
Commitment to Innovation
Innovation remains at the forefront of Vishay's strategy. The Company actively invests in research and development to bring new products to market, ensuring that it meets the changing needs of customers. This dedication to innovation is what distinguishes Vishay from its competitors and fortifies its reputation as a trusted manufacturer in the electronics sector.
Contact Information
For those looking to learn more about Vishay Intertechnology, the Company can be reached directly for inquiries. Contact:
Vishay Intertechnology, Inc.
Peter Henrici
Executive Vice President, Corporate Development
+1-610-644-1300
Frequently Asked Questions
What is the amount of the declared dividend by Vishay Intertechnology?
The declared dividend amount is $0.10 per share for common and Class B common stock.
When will the dividend be paid?
The dividend is scheduled to be paid on March 27, 2025.
Who is eligible to receive the dividend?
Stockholders of record as of the close of business on March 13, 2025, are eligible to receive the dividend.
What industries does Vishay serve?
Vishay serves various industries including automotive, industrial, telecommunications, and medical, among others.
How does Vishay ensure its competitive edge?
Vishay invests in research and development to drive innovation and maintain its leadership position in the semiconductor market.
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