MKS Inc. (NASDAQ:MKSI) Announces $0.25 Quarterly Dividend

MKS Inc. (NASDAQ:MKSI) declared a quarterly dividend on Tuesday, August 4th. Investors of record on Tuesday, August 25th will be paid a dividend of 0.25 per share by the scientific and technical instruments company on Thursday, September 3rd. This represents a c) annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Tuesday, August 25th.

MKS has increased its dividend payment by an average of 0.0%annually over the last three years. MKS has a payout ratio of 12.3% meaning its dividend is sufficiently covered by earnings. Equities analysts expect MKS to earn $15.75 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 6.3%.

MKS Stock Up 3.5%

MKS stock opened at $320.76 on Wednesday. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.11 and a quick ratio of 0.70. MKS has a fifty-two week low of $88.49 and a fifty-two week high of $447.62. The firm has a fifty day moving average price of $349.12 and a two-hundred day moving average price of $287.62. The firm has a market cap of $21.66 billion, a price-to-earnings ratio of 67.10, a P/E/G ratio of 0.83 and a beta of 1.98.

MKS (NASDAQ:MKSI) last posted its quarterly earnings data on Wednesday, May 6th. The scientific and technical instruments company reported $2.30 EPS for the quarter, topping analysts’ consensus estimates of $2.00 by $0.30. MKS had a return on equity of 21.49% and a net margin of 8.06%.The business had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.05 billion. During the same period in the previous year, the company posted $1.71 earnings per share. The firm’s revenue for the quarter was up 15.2% on a year-over-year basis. As a group, analysts forecast that MKS will post 11.81 earnings per share for the current year.

MKS Company Profile

MKS Instruments, Inc (NASDAQ: MKSI) designs, manufactures and markets technology solutions that enable advanced processes in a variety of high?technology and industrial markets. The company’s core offerings include vacuum and gas delivery systems, pressure and flow measurement instruments, optical metrology tools, photonics subsystems and critical components for manufacturing processes. These products support the precise control and monitoring needs of semiconductor, industrial manufacturing, life and health sciences, and research applications.

The company’s product portfolio features mass flow controllers, pressure transducers, vacuum gauges, gas purity monitors, laser-based metrology systems and photonic devices such as lasers and detectors.