Summary
Coherent Corp. (COHR) announced on February 23, 2023, that its Board of Directors has declared a quarterly dividend of $3.00 per share for its 6.00% Series A Mandatory Convertible Preferred Stock. This dividend is payable in cash on April 3, 2023, to shareholders of record as of March 15, 2023. This action directly impacts holders of the Series A Mandatory Convertible Preferred Stock, providing them with a scheduled cash distribution.
Key Highlights
- 1Declaration of a quarterly dividend for Series A Mandatory Convertible Preferred Stock.
- 2Dividend amount set at $3.00 per share.
- 3The dividend is payable in cash.
- 4Payment date for the dividend is April 3, 2023.
- 5Record date for dividend eligibility is March 15, 2023.
- 6This event pertains specifically to the 6.00% Series A Mandatory Convertible Preferred Stock (NYSE: IIVI).
Frequently Asked Questions
This dividend is related to Coherent Corp.'s 6.00% Series A Mandatory Convertible Preferred Stock, trading under the ticker symbol IIVI on the NYSE.
The quarterly dividend is $3.00 per share.
The dividend will be paid in cash on April 3, 2023.
Shareholders of record as of the close of business on March 15, 2023, are eligible to receive this dividend payment.