Monolithic Power Systems Announces Second Quarter 2024 Dividend

KIRKLAND, Washington, June 13, 2024 (GLOBE NEWSWIRE) — Monolithic Power Systems, Inc. (Nasdaq: MPWR), a global company providing high-performance semiconductor-based power electronics solutions, today announced its second quarter dividend of $1.25 per share ordinary to all shareholders of record at the close of business. on June 28, 2024. The dividend will be paid on July 15, 2024.

Safe Harbor Statement
This press release includes “forward-looking statements” intended to benefit from the safe harbor established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current expectations, estimates and projections regarding our business and our sector. , management’s beliefs and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by words such as “anticipates”, “expects”, “plans”, “intends”, “believes”, “plans”, “may”, “will” or “continue” and similar expressions and variations or negatives of these words. All such statements are subject to certain risks, assumptions and uncertainties, including those described in our most recent Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q, as well as in other documents we file or provide with Securities and Exchange. Commission. If one or more of these risks or uncertainties materialize, or if underlying assumptions prove incorrect, actual results could differ materially and adversely from those projected and could affect our results of operations, financial condition and flows. future cash flow. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they are made. Except to the extent required by law, MPS does not undertake, and expressly disclaims, any duty or obligation to publicly update any forward-looking statement after the initial distribution of this release, whether as a result of new information, future events, changes in assumptions or otherwise.

About monolithic electrical systems
Monolithic Power Systems, Inc. (“MPS”) is a global fabless company providing high-performance semiconductor-based power electronics solutions. MPS’ mission is to reduce energy and materials consumption to improve all aspects of quality of life and create a sustainable future. Founded in 1997 by our CEO Michael Hsing, MPS has three core strengths: deep system-level knowledge, strong semiconductor design expertise, and innovative proprietary technologies in the areas of semiconductor processes, systems integration and packaging. These combined benefits enable MPS to provide reliable, compact and monolithic solutions that are highly energy efficient, cost effective and environmentally friendly, while delivering a consistent return on investment to our shareholders. MPS can be contacted through its website at www.monolithicpower.com or its support offices worldwide.

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Monolithic Power Systems, MPS and the MPS logo are registered trademarks of Monolithic Power Systems, Inc. in the United States and registered trademarks in certain other countries.

CONTACT: Contact: Bernie Blegen Executive Vice President and Chief Financial Officer Monolithic Power Systems, Inc. 408-826-0777 [email protected]