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

Vishay Intertechnology, Inc. (NYSE:VSH) declared a quarterly dividend on Thursday, November 7th,Zacks Dividends reports. Shareholders of record on Tuesday, December 3rd will be given a dividend of 0.10 per share by the semiconductor company on Thursday, December 12th. This represents a $0.40 annualized dividend and a yield of 2.09%. The ex-dividend date is Tuesday, December 3rd.

Vishay Intertechnology has raised its dividend by an average of 1.7% annually over the last three years. Vishay Intertechnology has a payout ratio of 37.4% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Vishay Intertechnology to earn $0.96 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 41.7%.

Vishay Intertechnology Stock Up 0.7 %

Shares of NYSE:VSH opened at $19.10 on Monday. The company has a market capitalization of $2.59 billion, a P/E ratio of 30.81 and a beta of 1.09. The stock’s fifty day simple moving average is $17.60 and its 200-day simple moving average is $20.31. Vishay Intertechnology has a 52-week low of $14.95 and a 52-week high of $24.72. The company has a quick ratio of 1.85, a current ratio of 2.81 and a debt-to-equity ratio of 0.38.

Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings results on Wednesday, November 6th. The semiconductor company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.06). The firm had revenue of $735.35 million for the quarter, compared to analyst estimates of $748.84 million. Vishay Intertechnology had a return on equity of 5.35% and a net margin of 2.88%. Vishay Intertechnology’s revenue for the quarter was down 13.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.60 earnings per share. As a group, equities research analysts forecast that Vishay Intertechnology will post 0.55 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have weighed in on the company. StockNews.com downgraded Vishay Intertechnology from a “hold” rating to a “sell” rating in a report on Wednesday, November 27th. TD Cowen dropped their target price on Vishay Intertechnology from $24.00 to $22.00 and set a “hold” rating for the company in a research note on Thursday, August 8th.

About Vishay Intertechnology

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.