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EWING, N.J. - Universal Display Corporation (NASDAQ:OLED), a $6.86 billion market cap company, announced Thursday that its Board of Directors has approved a third quarter cash dividend of $0.45 per share on the company’s common stock, representing a 1.25% yield. The dividend will be payable on September 30, 2025, to shareholders of record as of September 16, 2025. According to InvestingPro, the company has raised its dividend for 8 consecutive years.
The OLED technology and materials provider indicated in a press release that the dividend reflects the company’s expected continued cash flow generation and commitment to returning capital to shareholders.
Universal Display noted that future dividend payments will be subject to Board approval.
The company specializes in the research, development and commercialization of organic light emitting diode (OLED) technologies and materials for display and solid-state lighting applications. Universal Display licenses its phosphorescent OLED technology and develops materials that are used in the fabrication of energy-efficient displays and lighting.
Founded in 1994, the company currently owns, exclusively licenses or has the sole right to sublicense more than 6,500 patents issued and pending worldwide, according to the company statement.
In other recent news, Universal Display Corporation reported its second-quarter earnings for 2025, surpassing analyst expectations. The company achieved an earnings per share (EPS) of $1.41, beating the forecasted $1.17. Revenue also exceeded projections, reaching $171.5 million compared to the anticipated $161.65 million. These results indicate a strong performance for Universal Display in the quarter. Despite the positive earnings surprise, the company’s stock experienced a decline in after-hours trading. Investors will likely be examining the reasons behind this market reaction. There were no recent mergers or acquisitions reported for the company. Additionally, no analyst upgrades or downgrades were noted in the latest updates. These developments provide a factual overview of Universal Display’s recent financial performance.
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