Advanced Energy Declares Quarterly Cash Dividend

Rhea-AI Summary

Advanced Energy Industries, Inc. (NASDAQ: AEIS) has announced a quarterly cash dividend of $0.10 per share. The dividend will be payable on September 1, 2023, to shareholders of record as of August 21, 2023.

DENVER--(BUSINESS WIRE)-- Advanced Energy Industries, Inc. (NASDAQ: AEIS), a global leader in highly engineered, precision power conversion, measurement, and control solutions, today announced that its board of directors has authorized a quarterly cash dividend of $0.10 per share, payable on September 1, 2023 to shareholders of record as of August 21, 2023.

Future dividend declarations, as well as the record and payment dates for such dividends, are subject to review and approval by the board of directors.

About Advanced Energy

Advanced Energy Industries, Inc. (Nasdaq: AEIS) is a global leader in the design and manufacture of highly engineered, precision power conversion, measurement and control solutions for mission-critical applications and processes. Advanced Energy’s power solutions enable customer innovation in complex applications for a wide range of industries including semiconductor equipment, industrial production, medical and life sciences, data center computing, networking and telecommunications. With engineering know-how and responsive service and support for customers around the globe, the company builds collaborative partnerships to meet technology advances, propels growth of its customers and innovates the future of power. Advanced Energy has devoted four decades to perfecting power. It is headquartered in Denver, Colorado, USA.

For more information, visit www.advancedenergy.com.

Advanced Energy | Precision. Power. Performance. Trust.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230801785323/en/

Andrew Huang

Advanced Energy Industries, Inc.

970-407-6555

ir@aei.com

Source: Advanced Energy Industries, Inc.

FAQ

What is the company that announced the dividend?

Advanced Energy Industries, Inc. (NASDAQ: AEIS)

What is the amount of the quarterly cash dividend?

$0.10 per share

When will the dividend be payable?

On September 1, 2023

Who are eligible to receive the dividend?

Shareholders of record as of August 21, 2023

Are future dividend declarations subject to review and approval?

Yes, future dividend declarations, as well as the record and payment dates, are subject to review and approval by the board of directors.