Universal Display Corporation Announces Quarterly Cash Dividend of $0.35 per Share

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May 03, 2023

Universal+Display+Corporation (Nasdaq: OLED), enabling energy-efficient displays and lighting with its UniversalPHOLED%3Csup%3E%26reg%3B%3C%2Fsup%3E technology and materials, today announced that its Board of Directors approved a second quarter cash dividend of $0.35 per share on the Company's common stock. The dividend is payable on June 30, 2023, to shareholders of record on June 16, 2023. 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.