Vishay Intertechnology Inc.
Vishay Intertechnology Announces Credit Agreement Amendment and Dividend Declaration
Summary
Vishay Intertechnology, Inc. announced on August 13, 2024, that it entered into a First Amendment to its Credit Agreement, redefining the Interest Coverage Ratio and modifying thresholds for Indebtedness of Foreign Subsidiaries. Additionally, the company declared a quarterly cash dividend of $0.10 per share payable on September 26, 2024, to stockholders of record as of September 10, 2024.
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About Vishay Intertechnology Inc.
Vishay Intertechnology Inc., a leading electronic components manufacturer, plays a crucial role in the technology and electronics sectors. The company specializes in manufacturing a vast array of discrete semiconductors, including rectifiers and diodes, as well as passive components such as capacitors and resistors. These components are essential for the development and function of various electronic devices and systems across industries. As electronics become increasingly integral to modern life, Vishay's products find applications in consumer electronics, automotive, industrial, and telecommunications markets. Headquartered in Malvern, Pennsylvania, Vishay Intertechnology Inc. consistently invests in research and development to advance component efficiency and technology, reinforcing its standing within the global electronics supply chain. Established in 1962, the company has grown to be a significant supplier in the electronics market worldwide, providing critical components that enable advanced technological innovations.
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