Vishay Intertechnology Increases Quarterly Dividend
November 15 2017 - 04:15PM
Vishay Intertechnology, Inc. (NYSE:VSH), announced today that the
Company's Board of Directors declared a dividend of $0.0675 per
share of common stock and Class B common stock, reflecting an 8
percent increase over the previous quarter’s dividend. The dividend
is to be paid on December 21, 2017 to stockholders of record as of
the close of business on December 7, 2017. Future dividends will be
subject to Board approval.
About Vishay
Vishay Intertechnology, Inc., a Fortune 1,000 Company listed on
the NYSE (VSH), is one of the world's largest manufacturers of
discrete semiconductors (diodes, MOSFETs, and infrared
optoelectronics) and passive electronic components (resistors,
inductors, and capacitors). These components are used in virtually
all types of electronic devices and equipment, in the industrial,
computing, automotive, consumer, telecommunications, military,
aerospace, power supplies, and medical markets. Vishay's product
innovations, successful acquisition strategy, and "one-stop shop"
service have made it a global industry leader. Vishay can be found
on the Internet at http://www.vishay.com.
Forward-Looking Statements
Statements contained herein that relate to the Company's future
performance, including statements with respect to quarterly cash
dividends, are forward-looking statements within the safe harbor
provisions of Private Securities Litigation Reform Act of 1995.
Words such as "believe," "estimate," "will be," "will," "would,"
"expect," "anticipate," "plan," "project," "intend," "could,"
"should," or other similar words or expressions often identify
forward-looking statements. Such statements are based on current
expectations only, and are subject to certain risks, uncertainties
and assumptions, many of which are beyond our control. Should one
or more of these risks or uncertainties materialize, or should
underlying assumptions prove incorrect, actual results,
performance, or achievements may vary materially from those
anticipated, estimated or projected. Among the factors that could
cause actual results to materially differ include: general business
and economic conditions; delays or difficulties in implementing our
cost reduction strategies; changes in foreign currency exchange
rates; uncertainty related to the effects of changes in foreign
currency exchange rates; competition and technological changes in
our industries; difficulties in new product development;
difficulties in identifying suitable acquisition candidates,
consummating a transaction on terms which we consider acceptable,
and integration and performance of acquired businesses; changes in
applicable domestic and foreign tax regulations and uncertainty
regarding the same; and other factors affecting our operations that
are set forth in our filings with the Securities and Exchange
Commission, including our annual reports on Form 10-K and our
quarterly reports on Form 10-Q. We undertake no obligation to
publicly update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise.
Contact:
Vishay Intertechnology, Inc.
Peter Henrici
Senior Vice President, Corporate Communications
+1-610-644-1300
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