SAN JOSE, Calif., March 16, 2015 /PRNewswire/ -- Monolithic Power
Systems (MPS) (Nasdaq: MPWR), a leading company in high performance
power solutions, today announced its quarterly cash dividend will
increase from $0.15 to $0.20 per share, which represents an increase of
33%. The dividend will be paid on April
15, 2015 to all stockholders of record as of the close of
business on March 31, 2015.
"We have executed well and are confident in our future," said
Michael Hsing, CEO and founder of
MPS. "Combined with our current stock repurchase program, the
increase in dividend reflects our commitment to continuously
enhancing stockholder value."
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 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, Inc.
Monolithic Power
Systems (MPS) is a leading company in high performance power
solutions. Founded in 1997, MPS pioneered integrated power
semiconductor solutions and power delivery architectures. MPS'
mission is to provide innovative power solutions in Cloud
Computing, Telecom, Industrial and Automotive, and Consumer market
segments. MPS has over 1,000 employees worldwide, located in
the United States, China, Taiwan, Korea, Japan and across Europe.
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.
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SOURCE Monolithic Power Systems