Summary
Monolithic Power Systems, Inc. (MPWR) filed an 8-K on March 15, 2017, to announce its first-quarter cash dividend for 2017. This filing is primarily informational, confirming the company's commitment to returning value to its shareholders through regular dividend payments. The dividend amount and payment schedule are key details for investors tracking their income from this stock.
Key Highlights
- 1Announcement of Q1 2017 Cash Dividend: MPWR declared a cash dividend of $0.20 per share.
- 2Record Date Set: Stockholders of record as of the close of business on March 31, 2017, are eligible for the dividend.
- 3Payment Date Confirmed: The dividend will be paid to eligible shareholders on April 13, 2017.
- 4Regular Shareholder Return: The dividend declaration signals a continued commitment to shareholder returns.
- 5Filing Type: The information was disclosed via a Form 8-K, specifically under 'Other Events' and accompanied by a press release as an exhibit.
Frequently Asked Questions
The main purpose of this 8-K filing is to formally announce Monolithic Power Systems, Inc.'s first quarter 2017 cash dividend to its shareholders.
The cash dividend is $0.20 per share.
Stockholders who are of record as of the close of business on March 31, 2017, are eligible to receive the dividend.
The dividend will be paid on April 13, 2017.