Himax Technologies, Inc. (NASDAQ:HIMX – Get Free Report) announced an annual dividend on Thursday, May 7th. Stockholders of record on Tuesday, June 30th will be paid a dividend of 0.252 per share by the semiconductor company on Friday, July 10th. This represents a dividend yield of 122.0%. The ex-dividend date of this dividend is Tuesday, June 30th.
Himax Technologies has a payout ratio of 41.4% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Himax Technologies to earn $0.72 per share next year, which means the company should continue to be able to cover its $0.24 annual dividend with an expected future payout ratio of 33.3%.
Himax Technologies Stock Performance
Shares of HIMX opened at $14.39 on Friday. The stock has a market capitalization of $2.51 billion, a price-to-earnings ratio of 73.42 and a beta of 2.25. Himax Technologies has a 12 month low of $6.85 and a 12 month high of $25.09. The firm has a fifty day simple moving average of $17.15 and a 200 day simple moving average of $11.43. The company has a current ratio of 1.62, a quick ratio of 1.42 and a debt-to-equity ratio of 0.02.
About Himax Technologies
Himax Technologies, Inc (NASDAQ: HIMX) is a fabless semiconductor company specializing in display imaging technologies. The company designs and develops a comprehensive portfolio of display driver integrated circuits (DDICs), timing controllers, and other high-speed interface chips that enable high-resolution panels for a wide array of electronic devices. Himax’s solutions are tailored to support both LCD and OLED displays, ensuring compatibility with television sets, desktop monitors, laptops, tablets, smartphones and wearable devices.
In addition to core display driver products, Himax offers wafer-level optics and liquid crystal on silicon (LCOS) microdisplay solutions for applications in augmented reality (AR) and virtual reality (VR) headsets.
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