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

Vishay Intertechnology, Inc. (NYSE:VSH) declared a quarterly dividend on Wednesday, August 12th. Stockholders of record on Thursday, September 10th will be given 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 raised its dividend payment by an average of 0.0%per year over the last three years. Vishay Intertechnology has a payout ratio of 38.8% indicating that its dividend is sufficiently covered by earnings. Research 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 Up 0.9%

VSH stock opened at $33.58 on Thursday. The stock has a market cap of $4.57 billion, a PE ratio of 176.75 and a beta of 1.81. The firm’s 50-day simple moving average is $46.56 and its 200 day simple moving average is $33.08. Vishay Intertechnology has a fifty-two week low of $11.77 and a fifty-two week high of $69.47. 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 (NYSE:VSH) last posted its earnings results on Wednesday, August 5th. The semiconductor company reported $0.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.04. Vishay Intertechnology had a net margin of 0.86% and a return on equity of 1.84%. The firm had revenue of $918.58 million during the quarter, compared to analyst estimates of $897.03 million. During the same period in the previous year, the business posted ($0.07) EPS. Vishay Intertechnology’s revenue was up 16.6% on a year-over-year basis. As a group, sell-side analysts predict that Vishay Intertechnology will post 0.86 EPS for the current year.

Hedge Funds Weigh In On Vishay Intertechnology

Several hedge funds have recently made changes to their positions in the business. Andar Capital Management HK Ltd purchased a new position in Vishay Intertechnology during the 2nd quarter worth approximately $160,000,000. T. Rowe Price Investment Management Inc. purchased a new stake in shares of Vishay Intertechnology in the fourth quarter valued at $25,009,000. William Blair Investment Management LLC acquired a new stake in shares of Vishay Intertechnology in the second quarter worth $79,095,000. Woodline Partners LP boosted its position in shares of Vishay Intertechnology by 25.3% in the third quarter. Woodline Partners LP now owns 6,813,765 shares of the semiconductor company’s stock worth $104,251,000 after buying an additional 1,377,356 shares during the period. Finally, Jain Global LLC grew its holdings in shares of Vishay Intertechnology by 841.5% during the fourth quarter. Jain Global LLC now owns 910,143 shares of the semiconductor company’s stock valued at $13,188,000 after buying an additional 813,472 shares in the last quarter. Institutional investors and hedge funds own 93.66% of the company’s stock.

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.