1 month ago
EWING, N.J. & PITTSBURGH–(BUSINESS WIRE)–$OLED#OLED Universal Display Corporation (Nasdaq: OLED) and PPG (NYSE:PPG) today announced that UDC Ireland Limited and PPG will jointly establish a new manufacturing site in Shannon, Ireland, for the production of UDC’s highly efficient, high-performing UniversalPHOLED
® materials. The new facility will be designed to double the production capacity and diversify the manufacturing base for UDC’s phosphorescent emitters to meet growing organic light emitting diode (OLED) market demand and evolving industry requirements.
PPG is the exclusive manufacturer of UDC’s UniversalPHOLED emitter materials, and the two companies recently celebrated their 20-year partnership.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Universal Display Corporation and PPG to Expand Global Production of UniversalPHOLED Materials
February 25, 2021 GMT
EWING, N.J. & PITTSBURGH (BUSINESS WIRE) Feb 25, 2021
Universal Display Corporation (Nasdaq: OLED) and PPG (NYSE:PPG) today announced that UDC Ireland Limited and PPG will jointly establish a new manufacturing site in Shannon, Ireland, for the production of UDC’s highly efficient, high-performing UniversalPHOLED ® materials. The new facility will be designed to double the production capacity and diversify the manufacturing base for UDC’s phosphorescent emitters to meet growing organic light emitting diode (OLED) market demand and evolving industry requirements.
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Press release content from Business Wire. The AP news staff was not involved in its creation.
Universal Display Corporation Increases Quarterly Cash Dividend to $0.20 per Share
February 18, 2021 GMT
EWING, N.J. (BUSINESS WIRE) Feb 18, 2021
Universal Display Corporation (Nasdaq: OLED), enabling energy-efficient displays and lighting with its UniversalPHOLED ® technology and materials, today announced that its Board of Directors approved an increased first quarter cash dividend of $0.20 per share on the Company’s common stock, up from the previous quarter’s dividend of $0.15 per share. The dividend is payable on March 31, 2021 to shareholders of record on March 16, 2021. The dividend reflects our expected continued cash flow generation, and commitment to return capital to our shareholders. Future dividends will be subject to Board approval.