DIVIDEND ANNOUNCEMENT: Universal Display Corp (NASDAQ:OLED) on 08/06/2020 declared a dividend of $0.1500 per share

Universal Display Corp (NASDAQ:OLED) on 08/06/2020 declared a dividend of $ 0.1500 per share payable on September 30, 2020 to shareholders of record as of September 16, 2020.

Universal Display Corp (NASDAQ:OLED) has paid dividends since 2017, has a current dividend yield of 0.3157064021% and has increased its dividends for 2 successive years.

Universal Display Corp's market cap is $ 8,952,495,300 and has a PE ratio of 62.11. The stock price closed yesterday at $ 190.05 and has a 52 week low/high of $ 105.11 and $ 230.32.

Universal Display is engaged in the research, development and commercialization of organic light emitting diode (OLED) technologies and materials for use in displays and lighting applications. Co. manufactures and sells its proprietary OLED materials to customers for evaluation and use in commercial OLED products. Co. also enters into agreements with manufacturers of OLED display and lighting products under which Co. grants them licenses to practice under Co.'s patents and to use Co.'s proprietary know-how. At the same time, Co. works with these and other companies that are evaluating Co.'s OLED technologies and materials for possible use in commercial OLED display and lighting products.

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