Summary
This 8-K filing from II-VI Incorporated (now Coherent Corp., but reporting under its former name for this filing) is primarily informational, announcing the declaration of a quarterly dividend for its Series A Mandatory Convertible Preferred Stock. Investors holding these specific preferred shares should note the dividend amount, payment date, and record date. While not a strategic or financial performance update, dividend payments are a direct return of capital to shareholders and are therefore relevant for income-focused investors in this particular security.
Key Highlights
- 1II-VI Incorporated declared a quarterly dividend on its 6.00% Series A Mandatory Convertible Preferred Stock.
- 2The dividend amount is $3.00 per share.
- 3The dividend will be paid in cash.
- 4The payment date for the dividend is April 1, 2022.
- 5The record date for shareholders entitled to the dividend is March 15, 2022.
Frequently Asked Questions
This dividend is specifically for holders of II-VI Incorporated's 6.00% Series A Mandatory Convertible Preferred Stock (ticker: IIVIP).
The declared quarterly dividend is $3.00 per share.
The dividend will be paid in cash on April 1, 2022, to shareholders of record as of the close of business on March 15, 2022.
No, this filing is purely informational regarding a declared dividend for a specific class of preferred stock. It does not provide updates on overall financial performance or strategic direction.