Techpoint, Inc. Announces Cash Dividend for Fiscal 2022, Payment on February 15, 2022
December 24, 2021 at 02:15 am IST
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On December 22, 2021, Techpoint, Inc. announced that its Board of Directors approved a cash dividend of $0.50 per share for fiscal 2022, payable in two equal installments of $0.25 per share. The first installment of the dividend is payable to stockholders of record as of the close of business on January 31, 2022, with a payment date of February 15, 2022. The second installment of the dividend is currently anticipated to be paid in the third fiscal quarter of 2022.
Future declarations of dividends and the establishment of future record dates and payment dates are subject to the final determination of Company's Board of Directors.
Techpoint, Inc. is a semiconductor company that designs, markets and sells mixed-signal integrated circuits for multiple video applications in the security surveillance and automotive markets. Its integrated circuits enable the transition from standard definition (SD) video to high-definition (HD) video in the security surveillance and automotive markets. Its application specific products include its security surveillance and automotive product lines. It offers three subgroups of products for security surveillance consisting of HD-TVI transmitters, HD-TVI receivers and HD-SDI receivers. Its automotive products include Automotive HD-TVI Transmitters, Automotive HD-TVI Camera Processors, Automotive HD-TVI Receivers and Automotive LCD Controllers. Its HD-TVI transmitters are used within the camera, take the HD digital signal from an HD camera processor and converts it to HD-TVI analog signals. Its HD-TVI receivers are used in DVRs and convert the HD-TVI analog signal into digital signals.