IXYS Maintains Dividend
IXYS has elected to keep its dividend steady for the moment. The company declared a quarterly common-stock distribution of $0.03 per share, to be handed out on September 24 to shareholders of record as of September 10. That amount matches the firm's previous three distributions, the most recent of which was paid at the end of June. Its only other payout was a combined special dividend of $0.07, and a regular distribution of $0.03. Both were dispensed simultaneously in late October of 2008.
The just-declared dividend annualizes to $0.12 per share. That yields 1.2% at IXYS' most recent closing stock price of $9.65.
The article IXYS Maintains Dividend originally appeared on Fool.com.Fool contributor Eric Volkman has no position in IXYS. Nor does The Motley Fool. 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.