Vishay Intertechnology, Inc. (VSH) to Issue Quarterly Dividend of $0.10 on September 24th

Vishay Intertechnology, Inc. (NYSE:VSH) declared a quarterly dividend on Wednesday, August 12th. Stockholders of record on Thursday, September 10th will be paid a dividend of 0.10 per share by the semiconductor company on Thursday, September 24th. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Thursday, September 10th.

Vishay Intertechnology has increased its dividend payment by an average of 0.0%annually over the last three years. Vishay Intertechnology has a dividend payout ratio of 38.8% meaning its dividend is sufficiently covered by earnings. Analysts expect Vishay Intertechnology to earn $1.65 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 24.2%.

Vishay Intertechnology Stock Down 0.2%

Shares of NYSE VSH opened at $33.49 on Friday. The firm has a market cap of $4.56 billion, a price-to-earnings ratio of 176.28 and a beta of 1.81. The company has a quick ratio of 1.27, a current ratio of 1.80 and a debt-to-equity ratio of 0.08. Vishay Intertechnology has a 52-week low of $11.77 and a 52-week high of $69.47. The business’s 50 day moving average is $45.95 and its two-hundred day moving average is $33.19.

Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings results on Wednesday, August 5th. The semiconductor company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.04. The company had revenue of $918.58 million for the quarter, compared to analysts’ expectations of $897.03 million. Vishay Intertechnology had a return on equity of 1.84% and a net margin of 0.86%.The firm’s revenue was up 16.6% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.07) earnings per share. Research analysts predict that Vishay Intertechnology will post 0.86 EPS for the current year.

Wall Street Analyst Weigh In

VSH has been the subject of several research reports. Needham & Company LLC initiated coverage on Vishay Intertechnology in a research report on Tuesday, August 4th. They issued a “buy” rating and a $45.00 target price for the company. Raymond James Financial started coverage on shares of Vishay Intertechnology in a research report on Tuesday, August 4th. They set an “outperform” rating and a $40.00 price target on the stock. Zacks Research lowered shares of Vishay Intertechnology from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 20th. Weiss Ratings upgraded shares of Vishay Intertechnology from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 27th. Finally, Wall Street Zen raised shares of Vishay Intertechnology from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $33.25.

Vishay Intertechnology Company Profile

Vishay Intertechnology, Inc is a global manufacturer of discrete semiconductors and passive electronic components, serving a wide range of industries including industrial, automotive, computing, consumer electronics, telecommunications, medical, and military/aerospace markets. The company’s portfolio encompasses resistors, capacitors, inductors, sensors, diodes, rectifiers, MOSFETs and a variety of integrated circuit solutions. Vishay’s components are used in power management, signal conditioning, circuit protection and sensing applications, supporting both standard and custom designs for original equipment manufacturers worldwide.

Originally founded in 1962 by Dr.