Vishay Intertechnology, Inc. to Issue Quarterly Dividend of $0.10 (NYSE:VSH)

Vishay Intertechnology, Inc. (NYSE:VSH) declared a quarterly dividend on Monday, May 18th. Investors of record on Thursday, June 18th will be paid a dividend of 0.10 per share by the semiconductor company on Monday, June 29th. This represents a c) dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Thursday, June 18th.

Vishay Intertechnology has increased its dividend by an average of 0.0%annually over the last three years. Vishay Intertechnology has a dividend payout ratio of 38.8% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Vishay Intertechnology to earn $1.16 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 34.5%.

Vishay Intertechnology Stock Down 0.8%

Shares of VSH opened at $36.95 on Tuesday. Vishay Intertechnology has a 52 week low of $11.77 and a 52 week high of $40.07. The firm has a market cap of $5.02 billion, a P/E ratio of 3,694.70 and a beta of 1.53. The firm’s 50-day simple moving average is $23.82 and its 200 day simple moving average is $19.09. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.53 and a current ratio of 2.64.

Vishay Intertechnology (NYSE:VSH) last announced its earnings results on Wednesday, May 13th. The semiconductor company reported $0.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.02. Vishay Intertechnology had a net margin of 0.07% and a return on equity of 0.22%. The firm had revenue of $839.24 million for the quarter, compared to analyst estimates of $823.54 million. During the same quarter in the prior year, the business posted ($0.03) EPS. The business’s revenue was up 17.3% compared to the same quarter last year. On average, analysts forecast that Vishay Intertechnology will post 0.54 earnings per share for the current 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.