Infineon Technologies AG (OTCMKTS:IFNNY) to Issue Dividend Increase – $0.37 Per Share

Infineon Technologies AG (OTCMKTS:IFNNY) announced a dividend on Tuesday, November 19th, NASDAQ Dividends reports. Investors of record on Monday, February 24th will be given a dividend of 0.3715 per share by the technology company on Monday, March 3rd. The ex-dividend date is Monday, February 24th. This is an increase from Infineon Technologies’s previous dividend of $0.25.

Infineon Technologies Trading Down 1.0 %

IFNNY traded down $0.42 during midday trading on Friday, reaching $40.25. 124,537 shares of the company were exchanged, compared to its average volume of 219,555. The stock has a market capitalization of $52.56 billion, a P/E ratio of 51.60, a PEG ratio of 2.39 and a beta of 1.86. Infineon Technologies has a one year low of $30.06 and a one year high of $41.84. The stock’s 50-day simple moving average is $35.20 and its 200 day simple moving average is $33.94. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.13 and a current ratio of 1.90.

Infineon Technologies (OTCMKTS:IFNNY) last released its quarterly earnings data on Tuesday, February 4th. The technology company reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.10. Infineon Technologies had a net margin of 6.49% and a return on equity of 12.55%. As a group, analysts forecast that Infineon Technologies will post 1.61 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Susquehanna raised shares of Infineon Technologies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 28th.

Infineon Technologies Company Profile

Infineon Technologies AG designs, develops, manufactures, and markets semiconductors and semiconductor-based solutions worldwide. Its Automotive segment offers automotive microcontrollers; 3D ToF, magnetic, and pressure sensors; discrete power semiconductors; IGBT modules; industrial microcontrollers; power and memory ICs; transceivers; diodes, MOSEFTs, and modules; and voltage regulators for use in assistance and safety systems, comfort electronics, infotainment, powertrain, and security products.