Summary
This 8-K filing from II-VI Incorporated (now Coherent Corp. under its new name post-merger) announced a routine quarterly dividend payment for its 6.00% Series A Mandatory Convertible Preferred Stock. Investors holding this specific preferred stock should note the dividend amount and payment dates. While not indicative of a major strategic shift, these dividend announcements are important for income-focused investors in preferred securities.
Key Highlights
- 1II-VI Incorporated declared a quarterly dividend on its 6.00% Series A Mandatory Convertible Preferred Stock.
- 2The declared dividend amount is $3.00 per share.
- 3The dividend is payable in cash.
- 4The payment date for the dividend is July 1, 2021.
- 5The record date for shareholders eligible to receive the dividend is June 15, 2021.
- 6This announcement pertains specifically to the Series A Mandatory Convertible Preferred Stock (IIVIP).
Frequently Asked Questions
This dividend is related to the 6.00% Series A Mandatory Convertible Preferred Stock of II-VI Incorporated, which trades under the ticker symbol IIVIP.
The dividend will be paid in cash on July 1, 2021.
Shareholders of record as of the close of business on June 15, 2021, are eligible to receive this dividend payment.
This filing indicates a routine quarterly dividend declaration and payment, and does not suggest a change in dividend policy.