01—Abstract
Summary
Summary of the 8-K filed September 1, 2022. Cited figures are marked; the original filing is the authoritative source.
This 8-K filing from II-VI Incorporated (now Coherent Corp.) primarily announces the declaration of a quarterly dividend on its 6.00%a Series A Mandatory Convertible Preferred Stock.
Investors in this specific preferred stock should note the dividend amount of $3.00b per share, payable in cash on October 1, 2022. The record date for eligibility is September 15, 2022, meaning shareholders must own the stock by the close of business on this date to receive the dividend.
02—Key points
Key Highlights
- II-VI Incorporated (now Coherent Corp.) declared a quarterly dividend.
- The dividend is for the 6.00% Series A Mandatory Convertible Preferred Stock (IIVIP).
- The dividend amount is $3.00 per share.
- The dividend will be paid in cash.
- The payment date for the dividend is October 1, 2022.
- The record date to be eligible for the dividend is September 15, 2022.
03—Questions
Frequently Asked Questions
Which specific stock is this dividend related to?
This dividend is for the 6.00% Series A Mandatory Convertible Preferred Stock, traded under the ticker symbol IIVIP.
How much is the quarterly dividend per share?
The quarterly dividend is $3.00 per share.
When will the dividend be paid?
The dividend will be paid in cash on October 1, 2022.
Who is eligible to receive this dividend?
Shareholders of record as of the close of business on September 15, 2022, are eligible to receive the dividend.
04—Continue