Monolithic Power (NASDAQ: MPWR) OKs pay, declares $2.00 dividend
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Monolithic Power Systems reported the results of its 2026 annual stockholder meeting and announced a second quarter 2026 cash dividend. Stockholders elected two Class I directors, Victor K. Lee and Jeff Zhou, for three-year terms, with each nominee receiving over 39 million votes in favor. They also ratified Ernst & Young LLP as independent registered public accounting firm for the year ending December 31, 2026, and approved, on an advisory basis, 2025 compensation for the company’s named executive officers. Separately, the board declared a cash dividend of $2.00 per common share, payable on July 15, 2026 to stockholders of record as of June 30, 2026.
Positive
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Negative
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8-K Event Classification
3 items: 5.07, 8.01, 9.01
3 items
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Q2 2026 dividend: $2.00 per share
Votes for Victor K. Lee: 39,298,042 votes
Votes for Jeff Zhou: 41,135,949 votes
+3 more
6 metrics
Q2 2026 dividend
$2.00 per share
Declared for stockholders of record on June 30, 2026; payable July 15, 2026
Votes for Victor K. Lee
39,298,042 votes
Election as Class I director at 2026 annual meeting
Votes for Jeff Zhou
41,135,949 votes
Election as Class I director at 2026 annual meeting
Auditor ratification votes for
45,354,955 votes
Ratification of Ernst & Young LLP for 2026 audit
Say-on-pay votes for 2025 comp
42,164,328 votes
Advisory approval of 2025 named executive officer compensation
Say-on-pay broker non-votes
1,699,761 votes
Broker non-votes on 2025 executive compensation advisory vote
Key Terms
broker non-votes, independent registered public accounting firm, advisory basis, forward-looking statements, +1 more
5 terms
broker non-votes financial
"The number of abstentions and broker non-votes as to each such matter, is set forth below."
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
independent registered public accounting firm financial
"Ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026."
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
advisory basis financial
"Approved, on an advisory basis, the 2025 compensation of the Company’s named executive officers."
forward-looking statements regulatory
"This news release includes “forward-looking statements” intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995."
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
safe harbor regulatory
"This news release includes “forward-looking statements” intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995."
Safe harbor is a rule that protects companies or individuals from legal trouble if they follow certain guidelines or procedures. It’s like having a safety net that allows them to act without fear of punishment, as long as they stick to the rules. This helps encourage honest behavior and clear standards in financial and legal activities.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (date of earliest event reported):
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction of | (Commission | (I.R.S. Employer | ||||||||||||
| incorporation or organization) | File Number) | Identification Number) | ||||||||||||
(Address of principal executive offices)(Zip Code)(1)
(561 ) 839-3999
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
(1)We have operations in multiple locations in the U.S., Europe and Asia and have not identified a single location as the Company’s headquarters. We are including this address to comply with the Securities and Exchange Commission’s requirements.
Item 5.07 Submission of Matters to a Vote of Security Holders.
On June 11, 2026, Monolithic Power Systems, Inc. (the “Company”) held its 2026 annual meeting of stockholders (the “Annual Meeting”). At the Annual Meeting, the Company’s stockholders:
1.Elected two Class I directors to serve for three-year terms until the Company’s annual meeting of stockholders in 2029, or until their respective successors are duly elected and qualified.
2.Ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026.
3.Approved, on an advisory basis, the 2025 compensation of the Company’s named executive officers.
The number of votes cast for, against or withheld, as well as the number of abstentions and broker non-votes as to each such matter, is set forth below.
1.Election of two Class I directors:
| Nominee | For | Withheld | Broker Non-Votes | ||||||||||||||||||||||||||
| Victor K. Lee | 39,298,042 | 4,440,848 | 1,699,761 | ||||||||||||||||||||||||||
| Jeff Zhou | 41,135,949 | 2,602,941 | 1,699,761 | ||||||||||||||||||||||||||
2.Ratification of the appointment of the Company's independent registered public accounting firm for the year ending December 31, 2026:
| For | Against | Abstain | Broker Non-Votes | |||||||||||||||||||||||||||||
| 45,354,955 | 72,479 | 11,217 | - | |||||||||||||||||||||||||||||
3.Approval, on an advisory basis, of the 2025 compensation of the Company's named executive officers:
| For | Against | Abstain | Broker Non-Votes | |||||||||||||||||||||||||||||
| 42,164,328 | 1,411,084 | 163,478 | 1,699,761 | |||||||||||||||||||||||||||||
Item 8.01 Other Events.
On June 12, 2026, the Company issued a press release announcing the second quarter cash dividend of $2.00 per share to all stockholders of record as of the close of business on June 30, 2026. The dividend will be paid to stockholders on July 15, 2026. A copy of the press release is attached hereto as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit | Description | |||||||
| 99.1 | Press release issued on June 12, 2026. | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL Document). | |||||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Date: June 12, 2026 | By: | /s/ Saria Tseng | |||||||||
| Saria Tseng | |||||||||||
| Executive Vice President, General Counsel | |||||||||||
Exhibit 99.1
Monolithic Power Systems Announces Second Quarter 2026 Dividend
Schaffhausen, Switzerland, June 12, 2026 -- Monolithic Power Systems, Inc. (“MPS”) (Nasdaq: MPWR), a global company that provides high-performance, semiconductor-based power electronics solutions, announced today its second quarter dividend of $2.00 per common share to all stockholders of record as of the close of business on June 30, 2026. The dividend will be paid on July 15, 2026.
Safe Harbor Statement
This news release includes “forward-looking statements” intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current expectations, estimates and projections about our business and industry, management’s beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by words such as “anticipates,” “expects,” “forecasts,” “intends,” “believes,” “plans,” “may,” “will,” or “continue,” and similar expressions and variations or negatives of these words. All such statements are subject to certain risks, assumptions and uncertainties, including those described in our most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Qs, and in other documents that we file or furnish with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially and adversely from those projected, and may affect our future operating results, financial position and cash flows. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they are made. Except to the extent required by law, MPS does not undertake, and expressly disclaims, any duty or obligation to update publicly any forward-looking statement after the initial distribution of this release, whether as a result of new information, future events, changes in assumptions or otherwise.
About Monolithic Power Systems
Monolithic Power Systems, Inc. (“MPS”) is a fabless global company that provides high-performance, semiconductor-based power electronics solutions. MPS’s mission is to reduce energy and material consumption to improve all aspects of quality of life and create a sustainable future. Founded in 1997 by our CEO Michael Hsing, MPS has three core strengths: deep system-level knowledge, strong semiconductor design expertise, and innovative proprietary technologies in the areas of semiconductor processes, system integration, and packaging. These combined advantages enable MPS to deliver reliable, compact, and monolithic solutions that are highly energy-efficient, cost-effective, and environmentally responsible while providing a consistent return on investment to our stockholders. MPS can be contacted through its website at www.monolithicpower.com or its support offices around the world.
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Monolithic Power Systems, MPS, and the MPS logo are registered trademarks of Monolithic Power Systems, Inc. in the U.S. and trademarked in certain other countries.
Contact:
Tony Balow
Vice President, Finance
Monolithic Power Systems, Inc.
MPSInvestor.Relations@monolithicpower.com
FAQ
What dividend did Monolithic Power Systems (MPWR) declare for Q2 2026?
Monolithic Power Systems declared a $2.00 per common share cash dividend for the second quarter of 2026. It will be paid on July 15, 2026 to stockholders of record as of the close of business on June 30, 2026.
When is the record date and payment date for MPWR’s Q2 2026 dividend?
The record date for MPWR’s Q2 2026 dividend is June 30, 2026, and the payment date is July 15, 2026. Shareholders on record at the close of business on June 30 will receive $2.00 per share in cash.
Which directors were elected at Monolithic Power Systems’ 2026 annual meeting?
Stockholders elected Victor K. Lee and Jeff Zhou as Class I directors for three-year terms ending in 2029. Lee received 39,298,042 votes for and Zhou received 41,135,949 votes for, with additional withheld votes and broker non-votes recorded.
Did MPWR stockholders approve the company’s 2025 executive compensation?
Yes. On an advisory basis, stockholders approved the 2025 compensation of Monolithic Power Systems’ named executive officers. The vote totaled 42,164,328 shares for, 1,411,084 against, and 163,478 abstentions, with 1,699,761 broker non-votes reported in the tally.
Which audit firm did Monolithic Power Systems stockholders ratify for 2026?
Stockholders ratified Ernst & Young LLP as Monolithic Power Systems’ independent registered public accounting firm for the year ending December 31, 2026. The vote was 45,354,955 for, 72,479 against, and 11,217 abstentions, with no broker non-votes reported on this item.
What items were voted on at Monolithic Power Systems’ 2026 annual meeting?
Stockholders voted on three items: electing two Class I directors, ratifying Ernst & Young LLP as 2026 independent auditor, and approving, on an advisory basis, 2025 executive compensation. All three proposals received stockholder approval based on the reported vote totals.