Cypress Announces Third-Quarter 2011 Cash Dividend | Cypress Semiconductor
Cypress Announces Third-Quarter 2011 Cash Dividend
SAN JOSE, Calif., August 23, 2011 – Cypress Semiconductor Corp. (Nasdaq: CY) today announced that its Board of Directors has approved a third-quarter 2011 cash dividend of $0.09 per share payable to holders of record of the Company's common stock at the close of business on October 6, 2011. This dividend will be paid on October 20, 2011.
The declared dividend will be paid from
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Forward-Looking Statements
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.
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