01—Abstract
Summary
Summary of the 8-K filed May 24, 2022. Cited figures are marked; the original filing is the authoritative source.
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%a 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 $3.00b 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.
02—Key points
Key Highlights
- II-VI Incorporated declared a quarterly dividend for its 6.00% Series A Mandatory Convertible Preferred Stock.
- The declared dividend amount is $3.00 per share.
- The dividend will be paid in cash.
- The payment date for the dividend is July 1, 2022.
- The record date for determining eligible shareholders is June 15, 2022.
03—Questions
Frequently Asked Questions
Which company filed this report?
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.
What type of stock is this dividend for?
The dividend is specifically for II-VI Incorporated's 6.00% Series A Mandatory Convertible Preferred Stock.
When will the dividend be paid?
The dividend is scheduled to be paid in cash on July 1, 2022.
Who is eligible to receive this dividend?
Shareholders of record as of the close of business on June 15, 2022, are eligible to receive the dividend.
04—Continue