Advanced Energy Industries, Inc. (NASDAQ:AEIS – Get Free Report) announced a quarterly dividend on Thursday, August 6th. Shareholders of record on Monday, August 24th will be paid a dividend of 0.10 per share by the electronics maker on Friday, September 4th. This represents a c) dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date is Monday, August 24th.
Advanced Energy Industries has a payout ratio of 6.3% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Advanced Energy Industries to earn $10.01 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 4.0%.
Advanced Energy Industries Trading Down 1.6%
Shares of AEIS traded down $5.32 during mid-day trading on Thursday, reaching $323.91. The stock had a trading volume of 470,176 shares, compared to its average volume of 823,794. The company has a debt-to-equity ratio of 0.78, a current ratio of 3.79 and a quick ratio of 1.13. Advanced Energy Industries has a 52-week low of $140.66 and a 52-week high of $397.44. The business’s fifty day moving average is $319.89 and its 200 day moving average is $322.01. The firm has a market cap of $12.97 billion, a price-to-earnings ratio of 60.43, a P/E/G ratio of 1.43 and a beta of 1.29.
About Advanced Energy Industries
Advanced Energy Industries, Inc is a global technology company specializing in precision power conversion, measurement, and control solutions. The company designs and manufactures a broad portfolio of products including high-voltage power supplies, RF and microwave generators, digital power controllers, reactive gas control systems, and thin film measurement instruments. These solutions enable advanced processes in semiconductor fabrication, flat panel display manufacturing, industrial coating, data storage, telecommunications and medical device production.
Founded in 1981 and headquartered in Fort Collins, Colorado, Advanced Energy has grown through strategic product development and international expansion.
Further Reading
- Five stocks we like better than Advanced Energy Industries
- Sandisk Just Delivered a Blowout Quarter—Here’s Why the Stock Is Falling
- 4 Oil and Gas ETF Plays as Prices Stay Sky-High
- What Tesla Stands to Lose If It Walks Away From China
- Disney Sets Up for a Magical Year in 2027
Receive News & Ratings for Advanced Energy Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advanced Energy Industries and related companies with MarketBeat.com's FREE daily email newsletter.
