Cypress Semiconductor Corp. CY today announced that its Board of Directors has approved a quarterly dividend of $0.11 per share payable to holders of record of the Company's common stock at the close of business on March 29, 2012. This dividend will be paid on April 19, 2012.
The new dividend rate of $0.11 per quarter represents a 22% increase over the prior rate of $0.09 and yields approximately 2.5% at the current stock price.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in