8-KOther EventsExhibits & Filings

ENTEGRIS INC 8-K Report, Corporate Update (Oct 18, 2017)

Filed October 18, 2017For Securities:ENTG

Summary

Entegris, Inc. (ENTG) announced a significant development for its shareholders on October 18, 2017, with the declaration of its initial quarterly cash dividend. The Board of Directors approved a dividend of $0.07 per share, signaling a commitment to returning capital to its investors. This marks a new phase for the company, potentially indicating increased financial stability and confidence in future cash flows. The dividend is scheduled to be paid on November 22, 2017, to shareholders of record as of November 1, 2017. This information is crucial for current and potential investors looking for income generation from their holdings in ENTG, as well as for those evaluating the company's capital allocation strategy. The attached press release (Exhibit 99.1) provides the official announcement of this new dividend policy.

Key Highlights

  • 1Entegris, Inc. declared its first-ever quarterly cash dividend.
  • 2The initial dividend amount is set at $0.07 per share.
  • 3The dividend payment date is November 22, 2017.
  • 4Shareholders of record on November 1, 2017, will receive the dividend.
  • 5This action reflects the company's commitment to returning capital to shareholders.
  • 6The announcement was made via a press release filed as an exhibit.

Frequently Asked Questions

The most significant announcement is Entegris, Inc.'s declaration of its initial quarterly cash dividend of $0.07 per share.

Shareholders who are on record as of the close of business on November 1, 2017, will be eligible to receive the dividend payment.

The dividend payment is scheduled for November 22, 2017.

The initiation of a dividend often suggests that the company has achieved a level of financial maturity and confidence in its ability to generate consistent cash flows, allowing it to return value to shareholders.