Cypress Semiconductor Corp. Keeps Steady Dividend
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%.
CY Dividend data by YCharts.
The article Cypress Semiconductor Corp. Keeps Steady Dividend originally appeared on Fool.com.
Fool contributor Caroline Bennett has no position in any stocks mentioned. The Motley Fool recommends Cypress Semiconductor . Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.
