United Microelectronics Corporation (UMC) To Go Ex-Dividend on July 8th

United Microelectronics Corporation (NYSE:UMC) announced an annual dividend on Tuesday, June 23rd. Investors of record on Wednesday, July 8th will be paid a dividend of 0.4122 per share by the semiconductor company on Thursday, August 6th. This represents a dividend yield of 144.0%. The ex-dividend date of this dividend is Wednesday, July 8th. This is a 12.6% increase from United Microelectronics’s previous annual dividend of $0.37.

United Microelectronics has increased its dividend by an average of 0.3%per year over the last three years. United Microelectronics has a dividend payout ratio of 50.8% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect United Microelectronics to earn $0.84 per share next year, which means the company should continue to be able to cover its $0.31 annual dividend with an expected future payout ratio of 36.9%.

United Microelectronics Stock Performance

NYSE UMC opened at $24.57 on Monday. The company has a market cap of $61.86 billion, a P/E ratio of 37.80, a P/E/G ratio of 2.89 and a beta of 1.58. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.72 and a quick ratio of 2.23. The stock has a 50-day moving average of $19.95 and a two-hundred day moving average of $13.23. United Microelectronics has a 1-year low of $6.56 and a 1-year high of $28.96.

United Microelectronics (NYSE:UMC) last issued its quarterly earnings results on Wednesday, April 29th. The semiconductor company reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.08. United Microelectronics had a net margin of 20.71% and a return on equity of 13.67%. The company had revenue of $1.91 billion for the quarter, compared to analyst estimates of $1.92 billion. As a group, analysts anticipate that United Microelectronics will post 0.7 EPS for the current year.

United Microelectronics Company Profile

United Microelectronics Corporation (UMC) is a Taiwan-based semiconductor foundry that provides wafer fabrication and related manufacturing services to a global customer base. Founded in 1980, the company operates as a pure-play foundry, producing integrated circuits for a range of customers including fabless semiconductor companies and integrated device manufacturers. UMC is publicly listed (NYSE: UMC) and focuses on high-reliability manufacturing rather than branding consumer products.

UMC’s core services encompass wafer fabrication using a portfolio of process technologies, with particular emphasis on mature and specialty nodes that support analog, power-management, radio-frequency (RF), and mixed-signal applications.