Vishay Intertechnology, Inc. (NYSE:VSH) Declares $0.10 Quarterly Dividend

Key Points

• Vishay Intertechnology, Inc. has declared a quarterly dividend of $0.10 per share, with the payment scheduled for September 25th to investors of record as of September 11th.
• The company reported a revenue of $762.25 million in its recent earnings, slightly exceeding the consensus estimate, despite posting a loss of ($0.07) earnings per share for the quarter.
• Insider transactions showed significant activity, with Director Michael J. Cody purchasing 3,500 shares at an average price of $16.12, increasing his ownership stake in the company.

Vishay Intertechnology, Inc. (NYSE:VSH - Get Free Report) announced a quarterly dividend on Tuesday, August 12th, RTT News reports. Investors of record on Thursday, September 11th will be paid a dividend of 0.10 per share by the semiconductor company on Thursday, September 25th. This represents a c) annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Thursday, September 11th.

Vishay Intertechnology has a payout ratio of 38.8% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Vishay Intertechnology to earn $1.67 per share next year, which means the company should continue to be able to cover its $0.40 annual dividend with an expected future payout ratio of 24.0%.

Vishay Intertechnology Price Performance

NYSE VSH traded down $0.47 during trading hours on Friday, reaching $14.85. The company's stock had a trading volume of 1,016,464 shares, compared to its average volume of 2,144,526. Vishay Intertechnology has a 1 year low of $10.35 and a 1 year high of $20.91. The company has a quick ratio of 1.64, a current ratio of 2.70 and a debt-to-equity ratio of 0.44. The company has a market capitalization of $2.01 billion, a price-to-earnings ratio of -22.85 and a beta of 1.13. The firm's 50-day moving average price is $16.20 and its 200-day moving average price is $15.50.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last released its earnings results on Wednesday, August 6th. The semiconductor company reported ($0.07) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.09). The company had revenue of $762.25 million during the quarter, compared to analysts' expectations of $756.07 million. Vishay Intertechnology had a negative return on equity of 0.10% and a negative net margin of 3.00%. Vishay Intertechnology's quarterly revenue was up 2.8% compared to the same quarter last year. During the same period last year, the firm posted $0.17 EPS. On average, equities research analysts predict that Vishay Intertechnology will post 0.53 EPS for the current fiscal year.

Vishay Intertechnology Company Profile

Vishay Intertechnology, Inc manufactures and sells discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. The company operates through Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors segments.