Kulicke and Soffa Industries hikes dividend by 11.8%

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On November 16, 2022, Kulicke and Soffa Industries (KLIC) announced a dividend hike of 11.8% to 19 cents quarterly per share. The new dividend yiels is 1.6% at a stock price of $48. Last year the dividend was hiked by 21.4%.

Kulicke & Soffa Industries is a provider of semiconductor, LED and electronic assembly solutions serving the global automotive, consumer, communications, computing and industrial markets. Founded in 1951, K&S prides itself on establishing foundations for technological advancement - creating pioneering interconnect solutions that enable performance improvements, power efficiency, form-factor reductions and assembly excellence of current and next-generation semiconductor devices. KLIC initiated a dividend in June 2018.

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