Universal Display Corporation (UDC) has increased its quarterly cash dividend to $0.50 per share, effective with the March 15, 2026 payment date, and simultaneously announced extended long-term supply agreements with both Tianma and Samsung Display.
The dividend increase, announced February 21, 2026, represents a significant return of capital to shareholders, according to a Business Wire report. The company did not specify the percentage increase from its previous dividend rate.
Alongside the dividend news, UDC revealed it has secured extended supply agreements with Tianma, a major Chinese display manufacturer, and Samsung Display, a leading global display panel producer. These agreements center around the supply of UDC’s UniversalPHOLED materials and technologies. The deals with Samsung Display also encompass broader OLED agreements, according to Display Daily.
The agreements with Samsung Display and Govisionox, also announced recently, will see UDC providing OLED materials to support production at both companies. LEDinside reported that these new agreements are designed to bolster the supply chain for OLED displays.
The financial terms of the extended supply agreements with Tianma and Samsung Display were not disclosed. UDC has not commented on the specific volume of materials committed under the new agreements, nor the duration beyond describing them as “long-term.”
