Kulicke and Soffa Industries, Inc. (KLIC) To Go Ex-Dividend on September 17th

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) announced a quarterly dividend on Wednesday, August 26th. Stockholders of record on Thursday, September 17th will be given a dividend of 0.205 per share by the semiconductor company on Wednesday, October 7th. This represents a c) annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Thursday, September 17th.

Kulicke and Soffa Industries has raised its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 7 years. Kulicke and Soffa Industries has a payout ratio of 53.6% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Kulicke and Soffa Industries to earn $4.96 per share next year, which means the company should continue to be able to cover its $0.82 annual dividend with an expected future payout ratio of 16.5%.

Kulicke and Soffa Industries Stock Performance

Shares of Kulicke and Soffa Industries stock opened at $79.45 on Tuesday. The stock has a market cap of $4.16 billion, a P/E ratio of 36.61 and a beta of 1.62. The stock’s fifty day moving average is $92.36 and its 200 day moving average is $91.26. Kulicke and Soffa Industries has a one year low of $35.02 and a one year high of $135.80.

Kulicke and Soffa Industries (NASDAQ:KLIC) last posted its quarterly earnings data on Wednesday, August 5th. The semiconductor company reported $1.20 earnings per share for the quarter, beating analysts’ consensus estimates of $1.06 by $0.14. The firm had revenue of $330.41 million for the quarter, compared to analysts’ expectations of $308.50 million. Kulicke and Soffa Industries had a return on equity of 14.39% and a net margin of 12.18%.The business’s quarterly revenue was up 122.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.07 EPS. Kulicke and Soffa Industries has set its Q4 2026 guidance at 1.278-1.562 EPS. Analysts predict that Kulicke and Soffa Industries will post 3.38 EPS for the current year.

Insiders Place Their Bets

In other Kulicke and Soffa Industries news, CEO Lester Wong sold 60,000 shares of Kulicke and Soffa Industries stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $121.71, for a total value of $7,302,600.00. Following the sale, the chief executive officer owned 50,743 shares of the company’s stock, valued at $6,175,930.53. The trade was a 54.18% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 1.20% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of KLIC. Kingsview Wealth Management LLC purchased a new stake in shares of Kulicke and Soffa Industries in the fourth quarter worth approximately $3,245,000. Louisiana State Employees Retirement System purchased a new position in Kulicke and Soffa Industries during the 1st quarter valued at $1,525,000. Nano Cap New Millennium Growth Fund L P bought a new position in Kulicke and Soffa Industries in the 4th quarter valued at $911,000. HighTower Advisors LLC grew its position in Kulicke and Soffa Industries by 362.7% in the 2nd quarter. HighTower Advisors LLC now owns 37,484 shares of the semiconductor company’s stock valued at $5,014,000 after acquiring an additional 29,383 shares during the last quarter. Finally, Hsbc Holdings PLC bought a new position in Kulicke and Soffa Industries in the 4th quarter valued at $535,000. 98.22% of the stock is owned by hedge funds and other institutional investors.

About Kulicke and Soffa Industries

Kulicke and Soffa Industries, Ltd. develops and manufactures equipment and tools used in semiconductor and electronic assembly. Its solutions support the packaging, interconnection and assembly of integrated circuits, light-emitting diodes and other electronic components.

The company’s product portfolio includes wire bonding systems, wedge bonders, die attach equipment, advanced packaging systems and related consumables. Its technologies are used in applications such as automotive electronics, consumer electronics, communications, computing, power semiconductors and optoelectronics.