Xilinx Raises Quarterly Dividend $0.03 per Diluted Share; Reiterates Sales Guidance for March Quarter
SAN JOSE, Calif., March 14, 2011 -- Xilinx, Inc. (Nasdaq: XLNX) today announced that its Board of Directors has increased the quarterly cash dividend from $0.16 to $0.19 per outstanding share of common stock, payable on June 8, 2011 to all stockholders of record at the close of business on May 18, 2011. "The increase in our quarterly dividend reflects our strong and consistent operating cash flow as well as our commitment to returning shareholder value," said Moshe Gavrielov, Xilinx President and Chief Executive Officer.
Xilinx also reiterated its sales guidance for the March quarter of fiscal 2011. March quarter sales are expected to be flat to up 5% sequentially, consistent with the Company's previous guidance. This guidance assumes that the Company's shipments to customers in Japan are not affected by the recent events there. The Company is still in the process of assessing the situation in Japan.
No conference call will be held in conjunction with this business update. Additional commentary pertaining to the March quarter will be available when the Company reports its March quarter financial results on April 27, 2011.
The Company will be hosting its Annual Analyst Meeting in New York City today. Additional details pertaining to this event as well as access to the live webcast are available from the investor relations website at http://investor.xilinx.com.
To receive Xilinx press releases automatically via email, please sign up for a push email alert, which is available from our investor relations website at http://investor.xilinx.com.
About Xilinx
Xilinx is the world's leading provider of programmable platforms. For more information, visit http://www.xilinx.com.
Related Semiconductor IP
- Bluetooth Low Energy 6.0 Digital IP
- Ultra-low power high dynamic range image sensor
- Flash Memory LDPC Decoder IP Core
- SLM Signal Integrity Monitor
- Digital PUF IP
Related News
- Xilinx and Huawei Announce the First FPGA Cloud-based Real-time Video Streaming Solution in China
- Xilinx Reports Record Quarterly Revenues And EPS; Raises Fiscal Year 2019 Guidance
- Pinnacle Imaging Systems and ON Semiconductor Collaborate on New HDR Surveillance Solution Using Xilinx Technology to Push the Boundaries of High Dynamic Range Video
- Xilinx Extends Data Center Leadership with New Alveo U280 HBM2 Accelerator Card; Dell EMC First to Qualify Alveo U200
Latest News
- SiMa.ai Raises $85M to Scale Physical AI, Bringing Total Funding to $355M
- Armv9 and CSS Royalties Drive Growth in $1bn Arm Q1 Earnings
- Creonic Releases DVB-S2X Demodulator Version 6.0 with Increased Bitwidth and Annex M Support
- Arm Q1 FYE26 Revenue Exceeds $1 Billion for Second Consecutive Quarter
- 1‑VIA Expands Globally with New India R&D Office in Pune to Accelerate Innovation in Data Center Connectivity