CMC Materials, Inc. (NASDAQ:CCMP) declared a quarterly dividend on Wednesday, June 9th, Zacks reports. Stockholders of record on Wednesday, June 23rd will be paid a dividend of 0.46 per share by the semiconductor company on Friday, July 30th. This represents a $1.84 annualized dividend and a dividend yield of 1.22%. The ex-dividend date of this dividend is Tuesday, June 22nd.
CCMP stock opened at $150.99 on Friday. The stock has a market cap of $4.42 billion, a P/E ratio of -92.07 and a beta of 1.17. The company has a debt-to-equity ratio of 0.95, a quick ratio of 2.67 and a current ratio of 3.54. CMC Materials has a 12 month low of $126.53 and a 12 month high of $198.60. The firm has a fifty day simple moving average of $169.40.
CMC Materials (NASDAQ:CCMP) last announced its quarterly earnings results on Wednesday, May 5th. The semiconductor company reported $1.71 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.94 by ($0.23). The company had revenue of $290.53 million during the quarter, compared to analysts’ expectations of $298.59 million. CMC Materials had a negative net margin of 4.16% and a positive return on equity of 20.99%. The business’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.75 EPS. As a group, research analysts anticipate that CMC Materials will post 7.82 EPS for the current year.
About CMC Materials
CMC Materials, Inc, together with its subsidiaries, provides consumable materials to semiconductor manufacturers, and pipeline and adjacent industry customers in North America, Asia, Europe, the Middle East, Africa, and South America. The company operates through two segments, Electronic Materials and Performance Materials.
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