Cypress Announces Quarterly Cash Dividend November 2012 | Cypress Semiconductor
Cypress Announces Quarterly Cash Dividend November 2012
SAN JOSE, Calif., 2012년 11월 12일 – Cypress Semiconductor Corp. (NASDAQ: CY) today announced that its Board of Directors has approved a quarterly cash dividend of $0.11 per share payable to holders of record of the Company's common stock at the close of business on 2012년 12월 27일. This dividend will be paid on 2013년 1월 17일.
It is expected that the declared dividend will be paid from U.S. domestic sources other than the Company's retained earnings and is expected to be treated as a return of capital for U.S. tax purposes for the 2013 fiscal year, although the final determination of the tax treatment of the dividend will be made after the Company’s 2013 fiscal year end. The Company will provide direction annually on the potential tax treatment of the dividend for U.S. tax purposes.
Cypress’s dividend policy and the payment of cash dividends under that policy are subject to the Board's continuing determination that the dividend policy and the declaration of dividends are in the best interests of Cypress’s stockholders and are in compliance with all laws and agreements of Cypress applicable to the declaration and payment of cash dividends. The dividend policy may be changed or cancelled at the Company’s discretion at any time.
Cypress는 제품 출시 기간을 단축하고 탁월한 시스템 가치를 제공하는 프로그램 가능 고성능 혼합 신호 솔루션을 제공합니다. Cypress offerings include the flagship PSoC® 1, PSoC 3, and PSoC 5 programmable system-on-chip families and derivatives, CapSense® touch sensing and TrueTouch® solutions for touchscreens. Cypress is the world leader in USB controllers, including the high-performance West Bridge® solution that enhances connectivity and performance in multimedia handsets, PCs, and tablets. Cypress는 또한 SRAM 메모리 부문에서도 세계를 선도합니다. Cypress serves numerous markets including consumer, mobile handsets, computation, data communications, automotive, industrial, and military. Cypress trades on the NASDAQ Global Select Market under the ticker symbol CY. Visit Cypress online at https://www.cypress.com.
This release may be deemed to contain forward-looking statements, which are subject to the safe harbor provisions of the Private Litigation Reform Act of 1995. These forward-looking statements include, among other things, statements regarding its adoption of a dividend policy, any future payments made under that policy, any decision to cancel or change the dividend policy, each of which involve risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results due to a variety of factors, including: the discretion of management and the board as to whether declaring a dividend is in the best interests of the Company, the business and economic conditions and growth trends in the semiconductor industry and in various geographic regions; our ability to manage financial risk; and other factors listed in Cypress’s most recent reports on Form 10-K, 10-Q and 8-K. The information above speaks only as of the date of this release.
Cypress and the Cypress logo, PSoC, TrueTouch, CapSense, and West Bridge are registered trademarks of Cypress Semiconductor Corporation. All other trademarks are the property of their respective owners
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