Kulicke and Soffa Industries, Inc. (KLIC) To Go Ex-Dividend on June 18th

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) announced a quarterly dividend on Tuesday, May 26th. Investors of record on Thursday, June 18th will be given a dividend of 0.205 per share by the semiconductor company on Wednesday, July 8th. This represents a c) dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, June 18th.

Kulicke and Soffa Industries has raised its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 7 years. Kulicke and Soffa Industries has a dividend payout ratio of 53.6% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Kulicke and Soffa Industries to earn $3.69 per share next year, which means the company should continue to be able to cover its $0.82 annual dividend with an expected future payout ratio of 22.2%.

Kulicke and Soffa Industries Stock Up 2.0%

Shares of KLIC opened at $115.43 on Tuesday. The stock has a market cap of $6.04 billion, a price-to-earnings ratio of 110.99 and a beta of 1.69. Kulicke and Soffa Industries has a 12 month low of $31.32 and a 12 month high of $117.96. The company has a 50-day moving average price of $93.77 and a two-hundred day moving average price of $71.01.

Kulicke and Soffa Industries (NASDAQ:KLIC) last released its quarterly earnings data on Wednesday, May 6th. The semiconductor company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.12. The company had revenue of $242.62 million for the quarter, compared to analyst estimates of $228.75 million. Kulicke and Soffa Industries had a return on equity of 7.29% and a net margin of 7.16%.The company’s revenue was up 49.8% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.52) EPS. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. Equities research analysts expect that Kulicke and Soffa Industries will post 2.85 EPS for the current fiscal year.

Analysts Set New Price Targets

KLIC has been the topic of a number of analyst reports. Needham & Company LLC upped their price target on Kulicke and Soffa Industries from $70.00 to $105.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Zacks Research upgraded shares of Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Finally, Weiss Ratings raised shares of Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Kulicke and Soffa Industries has an average rating of “Moderate Buy” and a consensus price target of $59.25.

About Kulicke and Soffa Industries

Kulicke & Soffa Industries (NASDAQ:KLIC) is a global supplier of semiconductor and LED assembly equipment. The company specializes in the design, development and manufacture of advanced die bonding, wire bonding, flip-chip bumping and wafer-level packaging systems. Its solutions support a wide range of applications in consumer electronics, automotive, communications and other high-growth segments within the semiconductor and LED industries.

Key products include precision wire bonders for microelectronic packaging, die attach systems for chip placement, flip-chip bonders for advanced packaging architectures and LED packaging platforms that enable high-volume production of automotive and general-illumination LEDs.