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

Vishay Intertechnology, Inc. (NYSE:VSH – Get Rating) declared a quarterly dividend on Tuesday, May 24th, RTT News reports. Shareholders of record on Friday, June 17th will be paid a dividend of 0.10 per share by the semiconductor company on Wednesday, June 29th. This represents a $0.40 dividend on an annualized basis and a yield of 2.05%.

Vishay Intertechnology has raised its dividend by an average of 6.1% per year over the last three years and has increased its dividend every year for the last 1 years. Vishay Intertechnology has a payout ratio of 16.5% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Vishay Intertechnology to earn $2.36 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 16.9%.

NYSE:VSH traded down $0.26 during mid-day trading on Tuesday, reaching $19.52. The company’s stock had a trading volume of 969,380 shares, compared to its average volume of 923,229. Vishay Intertechnology has a 12-month low of $17.57 and a 12-month high of $24.46. The firm’s fifty day moving average price is $19.20 and its two-hundred day moving average price is $20.10. The company has a current ratio of 3.06, a quick ratio of 2.17 and a debt-to-equity ratio of 0.25. The stock has a market cap of $2.81 billion, a P/E ratio of 8.71, a PEG ratio of 0.32 and a beta of 1.29.

Vishay Intertechnology (NYSE:VSH – Get Rating) last issued its earnings results on Tuesday, May 3rd. The semiconductor company reported $0.71 earnings per share for the quarter, topping analysts’ consensus estimates of $0.58 by $0.13. Vishay Intertechnology had a return on equity of 21.51% and a net margin of 9.91%. The business had revenue of $853.79 million during the quarter, compared to analyst estimates of $844.14 million. During the same quarter in the previous year, the firm earned $0.46 EPS. Vishay Intertechnology’s revenue was up 11.7% on a year-over-year basis. Analysts predict that Vishay Intertechnology will post 2.68 earnings per share for the current fiscal year.

Institutional investors have recently added to or reduced their stakes in the stock. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in Vishay Intertechnology by 10.5% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 48,637 shares of the semiconductor company’s stock worth $953,000 after acquiring an additional 4,637 shares in the last quarter. Brinker Capital Investments LLC boosted its position in shares of Vishay Intertechnology by 2.6% during the 1st quarter. Brinker Capital Investments LLC now owns 48,310 shares of the semiconductor company’s stock valued at $947,000 after acquiring an additional 1,243 shares during the last quarter. Quantbot Technologies LP bought a new position in shares of Vishay Intertechnology during the 1st quarter valued at approximately $767,000. Jane Street Group LLC lifted its position in Vishay Intertechnology by 37.1% in the first quarter. Jane Street Group LLC now owns 35,417 shares of the semiconductor company’s stock worth $694,000 after buying an additional 9,581 shares during the last quarter. Finally, PDT Partners LLC bought a new stake in Vishay Intertechnology in the first quarter worth $439,000. 84.04% of the stock is owned by institutional investors.

Several research firms have recently commented on VSH. StockNews.com began coverage on shares of Vishay Intertechnology in a research report on Thursday, March 31st. They set a “buy” rating for the company. Zacks Investment Research raised shares of Vishay Intertechnology from a “sell” rating to a “hold” rating and set a $21.00 price target for the company in a research report on Friday, February 11th.

About Vishay Intertechnology (Get Rating)

Vishay Intertechnology, Inc manufactures and supplies discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. It operates through six segments: Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors.

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