News

Intersil Reports 33-Percent Increase to Quarterly Dividend

September 22, 2004 by Jeff Shepard

Intersil Corp. (Milpitas, CA) announced that its board of directors has declared and authorized a cash dividend of $0.04 per share of common stock, payable on or about November 19, 2004, to shareholders of record on November 10, 2004. Due to Intersil's healthy balance sheet and strong cash flow generation, the dividend was increased by 33% from the quarterly $0.03 per share rate that the company had previously paid over the past year.