Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



ChipMOS Keeps Dividend Steady

Don't let it get away!

Keep track of the stocks that matter to you.

Help yourself with the Fool's FREE and easy new watchlist service today.

Chip assembling and test services specialist ChipMOS Technologies (NASDAQ: IMOS  ) announced yesterday a cash dividend of $0.14 per share, the same rate it paid last December after initiating the payout program. There does not appear to be a set schedule yet of how and when future dividends will be paid.

Noting the dividend payment reflects the company's confidence in its future, ChipMOS Technologies Chairman and CEO S.J. Cheng said: "This represents another step in our ongoing efforts to build shareholder value. We continue to execute on our business, improve profitability, and outperform the industry due to our differentiated end market exposure and customer alignment within our target markets."

The board of directors said the quarterly dividend is payable on Oct. 30 to the holders of record at the close of business on Oct. 16. The regular dividend payment equates to a $0.14-per-share annual dividend, yielding 0.9% based on the closing price on Aug. 30 of ChipMOS Technologies' stock.

IMOS Dividend Chart

IMOS Dividend data by YCharts

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2618272, ~/Articles/ArticleHandler.aspx, 9/29/2016 5:00:55 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 7 hours ago Sponsored by:
DOW 18,339.24 110.94 0.61%
S&P 500 2,171.37 11.44 0.53%
NASD 5,318.55 12.84 0.24%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/28/2016 4:00 PM
IMOS $19.85 Down -0.01 -0.05%
ChipMOS Technologi… CAPS Rating: ***