Amkor Technology Announces 5% Increase In Quarterly Dividend From $0.075 To $0.07875/Share
Portfolio Pulse from Benzinga Newsdesk
Amkor Technology has announced a 5% increase in its quarterly dividend, raising it from $0.075 to $0.07875 per share. The dividend is scheduled to be paid on December 26, 2023, to shareholders on record as of December 5, 2023.
November 15, 2023 | 7:02 am
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Amkor Technology has raised its quarterly dividend by 5%, which may be seen as a sign of financial strength and commitment to returning value to shareholders.
Dividend increases are typically viewed positively by the market as they signal a company's confidence in its financial stability and profitability. This modest increase in Amkor Technology's dividend may attract income-focused investors and could lead to a short-term uptick in the stock price.
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