DividendMay 18, 2026, 04:23 PM
Vishay Declares $0.10 Quarterly Dividend; Stockholders Approve Incentive Plan
AI Summary
Vishay Intertechnology, Inc. declared a quarterly cash dividend of $0.10 per share for common and Class B common stock, payable on June 29, 2026, to stockholders of record on June 18, 2026. At its Annual Meeting, stockholders also approved Amendment No. 1 to the 2023 Long-Term Incentive Plan, increasing available shares by 6.0 million to approximately 12.0 million and extending its term. Additionally, stockholders elected four directors, ratified Deloitte & Touche LLP as the independent auditor, and approved executive compensation on an advisory basis.
Key Highlights
- Vishay declared a quarterly cash dividend of $0.10 per share for common and Class B common stock.
- The dividend is payable on June 29, 2026, to stockholders of record as of June 18, 2026.
- Stockholders approved Amendment No. 1 to the 2023 Long-Term Incentive Plan.
- The amendment increases shares available for issuance under the plan by 6.0 million to approximately 12.0 million shares.
- The term of the 2023 Plan was extended by approximately 3 years.
- Four directors were elected to hold office until the 2029 annual meeting.
- Deloitte & Touche LLP was ratified as the independent registered public accounting firm for 2026.
- Stockholders approved Vishay's executive compensation on an advisory basis.
Price Impact
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