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Technology Stocks : Silicon Motion Inc. (SIMO)
SIMO 91.00+0.1%3:59 PM EST
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To: Elroy who wrote (2552)5/31/2022 1:37:06 PM
From: Maurice H. Norcott  Read Replies (1) of 2978
 
I also wonder whether SIMO will continue to pay it's dividend until the deal closes? I'm sure MXL would rather have that cash to pay down the debt they plan to take on, but whether SIMO management pays the dividend or cancels it going forward due to the deal remains unknown.

That might trigger selling from institutional funds that are passively managed and only hold
dividend stocks ?
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