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

Key Points

• Vishay Intertechnology declared a quarterly dividend of $0.10 per share, payable September 24 to shareholders of record as of September 10. The dividend equates to $0.40 annually and a yield of approximately 1.2%.
• The dividend appears well covered, with a current payout ratio of 38.8%; analysts expect next year’s earnings of $1.65 per share, implying a projected payout ratio of 24.2%.
• Vishay reported quarterly EPS of $0.19, exceeding the $0.15 consensus estimate, while revenue rose 16.6% year over year to $918.58 million.

Vishay Intertechnology, Inc. (NYSE:VSH - Get Free Report) declared a quarterly dividend on Wednesday, August 12th. Shareholders of record on Thursday, September 10th will be given a dividend of 0.10 per share by the semiconductor company on Thursday, September 24th. This represents a c) dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, September 10th.

Vishay Intertechnology has increased its dividend by an average of 0.0%per year over the last three years. Vishay Intertechnology has a dividend payout ratio of 38.8% meaning its dividend is sufficiently covered by earnings. Research analysts expect Vishay Intertechnology to earn $1.65 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 24.2%.

Vishay Intertechnology Stock Up 0.9%

Shares of Vishay Intertechnology stock opened at $33.58 on Thursday. The business has a 50-day moving average of $46.56 and a 200-day moving average of $33.08. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.80 and a quick ratio of 1.27. The company has a market capitalization of $4.57 billion, a PE ratio of 176.75 and a beta of 1.81. Vishay Intertechnology has a 1-year low of $11.77 and a 1-year high of $69.47.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The semiconductor company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.15 by $0.04. The business had revenue of $918.58 million for the quarter, compared to analysts' expectations of $897.03 million. Vishay Intertechnology had a return on equity of 1.84% and a net margin of 0.86%.The company's revenue was up 16.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.07) earnings per share. As a group, equities analysts forecast that Vishay Intertechnology will post 0.86 EPS for the current fiscal year.

About Vishay Intertechnology

Vishay Intertechnology, Inc is a global manufacturer of discrete semiconductors and passive electronic components, serving a wide range of industries including industrial, automotive, computing, consumer electronics, telecommunications, medical, and military/aerospace markets. The company's portfolio encompasses resistors, capacitors, inductors, sensors, diodes, rectifiers, MOSFETs and a variety of integrated circuit solutions. Vishay's components are used in power management, signal conditioning, circuit protection and sensing applications, supporting both standard and custom designs for original equipment manufacturers worldwide.

Originally founded in 1962 by Dr.

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