GlobalFoundries Inc. (GFS) to Distribute Quarterly Dividend of $0.12 on October 9th

GlobalFoundries Inc. (NASDAQ:GFS) announced a quarterly dividend on Tuesday, July 14th. Stockholders of record on Wednesday, September 23rd will be given a dividend of 0.12 per share on Friday, October 9th. This represents a c) dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Wednesday, September 23rd.

GlobalFoundries Price Performance

Shares of NASDAQ:GFS opened at $47.82 on Monday. The firm has a 50 day moving average of $50.12 and a 200-day moving average of $59.28. GlobalFoundries has a 12 month low of $32.02 and a 12 month high of $92.55. The company has a current ratio of 2.48, a quick ratio of 1.74 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $26.24 billion, a PE ratio of 37.36, a PEG ratio of 1.52 and a beta of 1.78.

GlobalFoundries (NASDAQ:GFS) last released its earnings results on Wednesday, August 5th. The company reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.03. GlobalFoundries had a return on equity of 6.69% and a net margin of 10.36%.The firm had revenue of $1.79 billion for the quarter, compared to analysts’ expectations of $1.77 billion. During the same quarter in the previous year, the business posted $0.42 earnings per share. The business’s revenue for the quarter was up 5.8% on a year-over-year basis. GlobalFoundries has set its Q3 2026 guidance at 0.460-0.560 EPS. On average, equities research analysts predict that GlobalFoundries will post 1.48 EPS for the current fiscal year.

GlobalFoundries Company Profile

GlobalFoundries Inc (NASDAQ:GFS) is a global semiconductor manufacturer that provides contract chip production and related services to technology companies. Unlike a fabless semiconductor company, GlobalFoundries operates its own fabrication facilities and manufactures chips designed by other companies across a range of end markets.

The company specializes in differentiated semiconductor technologies, including radio-frequency and connectivity solutions, embedded memory, power management, silicon photonics, gallium nitride and other specialty processes.