Cypress Semiconductor Corp. will be keeping its dividend steady at $0.11 for another quarter, it announced today. The company has paid this amount to shareholders since April 2012, after raising its payout 22%, from $0.09 per share.
Cypress' latest dividend will be payable on Oct. 17 to stockholders on record as of the close of business on Sept. 26. Its annualized amount adds up to $0.44 per share of common stock. As of market close on Aug. 2, the company's stock price was $12.90 per share, which means its dividend yields 3.4%.
The article Cypress Semiconductor Corp. Keeps Steady Dividend originally appeared on Fool.com.
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