DIVIDEND ANNOUNCEMENT: Universal Display Corp (NASDAQ:OLED) on 02/22/2024 declared a dividend of $0.4000 per share

Universal Display Corp (NASDAQ:OLED) on 02/22/2024 declared a dividend of $ 0.4000 per share payable on March 29, 2024 to shareholders of record as of March 15, 2024. Dividend amount recorded is an increase of $ 0.05 from last dividend Paid.

Universal Display Corp (NASDAQ:OLED) has paid dividends since 2017, has a current dividend yield of 0.7619047761% and has increased its dividends for 6 successive years.

Universal Display Corp's market cap is $ 8,702,032,500 and has a PE ratio of 42.67. The stock price closed yesterday at $ 183.75 and has a 52 week low/high of $ 125.38 and $ 194.84.

Universal Display is engaged in the research, development and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and lighting applications. Co. manufactures and sells its proprietary OLED materials to customers for evaluation and use in commercial OLED products. Co. has 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 its OLED material, device design and manufacturing technologies for use in commercial OLED display and lighting products.

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