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

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

Vishay Intertechnology has increased 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 Price Performance

Shares of VSH opened at $19.10 on Monday. The company has a current ratio of 2.81, a quick ratio of 1.85 and a debt-to-equity ratio of 0.38. The stock’s 50 day moving average is $17.60 and its two-hundred day moving average is $20.31. Vishay Intertechnology has a twelve month low of $14.95 and a twelve month high of $24.72. The firm has a market capitalization of $2.59 billion, a PE ratio of 30.81 and a beta of 1.09.

Vishay Intertechnology (NYSE:VSH) last posted its quarterly earnings results on Wednesday, November 6th. The semiconductor company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.06). Vishay Intertechnology had a net margin of 2.88% and a return on equity of 5.35%. The business had revenue of $735.35 million during the quarter, compared to analysts’ expectations of $748.84 million. During the same quarter last year, the firm earned $0.60 earnings per share. The firm’s quarterly revenue was down 13.9% compared to the same quarter last year. Research analysts anticipate that Vishay Intertechnology will post 0.55 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms recently commented on VSH. StockNews.com downgraded shares of Vishay Intertechnology from a “hold” rating to a “sell” rating in a report on Wednesday, November 27th. TD Cowen reduced their price target on shares of Vishay Intertechnology from $24.00 to $22.00 and set a “hold” rating for the company in a research report 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.