NasdaqGS:MKSISemiconductor
MKS Raises Dividend As Debt Refinancing Reshapes Cash Flow Outlook
MKS (NasdaqGS:MKSI) announced a 14% increase in its quarterly dividend.
The company also completed a significant debt refinancing and issued new senior notes.
The transactions adjust the mix between secured and unsecured debt and extend certain maturities.
Management highlighted expected interest savings from the new capital structure.
MKS, listed on NasdaqGS:MKSI, supplies technology and equipment used across semiconductor and related markets, where capital intensity and long investment...