Summary
This 8-K filing from II-VI Incorporated (which is the correct company name based on the ticker symbol IIVIP, not COHERENT CORP. as stated in the prompt) primarily announces a quarterly dividend payment for its 6.00% Series A Mandatory Convertible Preferred Stock. Investors holding this specific class of preferred stock should note the dividend amount, payment date, and record date. The dividend declared is $3.00 per share, payable in cash on July 1, 2022. To be eligible to receive this dividend, shareholders must have been on record as of the close of business on June 15, 2022. This information is crucial for preferred stockholders to understand their expected cash flow from this investment.
Key Highlights
- 1II-VI Incorporated declared a quarterly dividend for its 6.00% Series A Mandatory Convertible Preferred Stock.
- 2The declared dividend amount is $3.00 per share.
- 3The dividend will be paid in cash.
- 4The payment date for the dividend is July 1, 2022.
- 5The record date for determining eligible shareholders is June 15, 2022.
Frequently Asked Questions
Although the prompt stated COHERENT CORP. (COHR), the filing content and the specific stock ticker (IIVIP) indicate that this report is from II-VI Incorporated.
The dividend is specifically for II-VI Incorporated's 6.00% Series A Mandatory Convertible Preferred Stock.
The dividend is scheduled to be paid in cash on July 1, 2022.
Shareholders of record as of the close of business on June 15, 2022, are eligible to receive the dividend.