Monolithic Power Systems Announces Fourth Quarter 2024 Dividend
December 13 2024 - 3:01PM
Monolithic Power Systems, Inc. (Nasdaq: MPWR), a global company
that provides high-performance, semiconductor-based power
electronics solutions, announced today its fourth quarter dividend
of $1.25 per common share to all stockholders of record as of the
close of business on December 31, 2024. The dividend will be paid
on January 15, 2025.
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 SystemsMonolithic 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:
Bernie Blegen
Executive Vice President and Chief Financial Officer
Monolithic Power Systems, Inc.
408-826-0777
MPSInvestor.Relations@monolithicpower.com
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