Spreadtrum Declares Fresh Quarterly Dividend

The Chinese fabless semiconductor concern will disburse its first payout of this year.

Eric Volkman
Eric Volkman
Mar 20, 2013 at 9:42PM
Technology and Telecom

Spreadtrum Communications (UNKNOWN:SPRD.DL) has declared its first quarterly dividend for 2013. It will hand out $0.10 per each of its American Depositary Shares on April 25 to shareholders of record as of April 10. This amount matches its previous five disbursements of $0.05 per ADS.

This is the company's eighth dividend. All of these have come in successive quarters, stretching back to July 2011.

The current dividend annualizes to $0.40 per share. That amount yields 2.0% at Spreadtrum Communications' most recent closing ADS price of $19.69.