Vishay Intertechnology, Inc. (VSH) to Issue Quarterly Dividend of $0.10 on December 12th

Vishay Intertechnology, Inc. (NYSE:VSH) declared a quarterly dividend on Thursday, November 7th,Zacks Dividends reports. Investors 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 annualized dividend and a yield of 2.09%. The ex-dividend date is Tuesday, December 3rd.

Vishay Intertechnology has raised its dividend payment 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. 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 Performance

Shares of VSH opened at $19.10 on Friday. The company has a market capitalization of $2.59 billion, a PE ratio of 30.81 and a beta of 1.09. Vishay Intertechnology has a one year low of $14.95 and a one year high of $24.72. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.81 and a quick ratio of 1.85. The company’s fifty day moving average price is $17.60 and its 200 day moving average price is $20.33.

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

Analysts Set New Price Targets

VSH has been the topic of several research reports. TD Cowen dropped their price objective on shares of Vishay Intertechnology from $24.00 to $22.00 and set a “hold” rating on the stock in a report on Thursday, August 8th. StockNews.com downgraded shares of Vishay Intertechnology from a “hold” rating to a “sell” rating in a report on Wednesday.

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.