Monolithic Power Systems, Inc. (NASDAQ:MPWR) Declares Quarterly Dividend of $1.56

Monolithic Power Systems, Inc. (NASDAQ:MPWR) declared a quarterly dividend on Friday, December 12th. Shareholders of record on Wednesday, December 31st will be paid a dividend of 1.56 per share by the semiconductor company on Thursday, January 15th. This represents a c) dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Wednesday, December 31st.

Monolithic Power Systems has increased its dividend by an average of 0.3%annually over the last three years and has increased its dividend every year for the last 8 years. Monolithic Power Systems has a payout ratio of 31.5% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Monolithic Power Systems to earn $16.59 per share next year, which means the company should continue to be able to cover its $6.24 annual dividend with an expected future payout ratio of 37.6%.

Monolithic Power Systems Trading Down 0.7%

Shares of NASDAQ MPWR opened at $946.32 on Monday. The business has a 50-day moving average of $963.45 and a 200-day moving average of $868.94. The firm has a market capitalization of $45.34 billion, a price-to-earnings ratio of 24.17, a PEG ratio of 3.20 and a beta of 1.47. Monolithic Power Systems has a 12 month low of $438.86 and a 12 month high of $1,123.38.

Monolithic Power Systems (NASDAQ:MPWR) last issued its quarterly earnings results on Thursday, October 30th. The semiconductor company reported $4.73 EPS for the quarter, topping analysts’ consensus estimates of $4.62 by $0.11. The firm had revenue of $737.18 million for the quarter, compared to analyst estimates of $720.66 million. Monolithic Power Systems had a net margin of 71.22% and a return on equity of 18.37%. The business’s revenue for the quarter was up 18.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $4.06 EPS. On average, analysts predict that Monolithic Power Systems will post 13.2 earnings per share for the current year.

Monolithic Power Systems Company Profile

Monolithic Power Systems (NASDAQ: MPWR) is a fabless semiconductor company that designs and supplies high-performance power management solutions for a broad range of electronic systems. Founded in 1997 and headquartered in Kirkland, Washington, the company focuses on analog and mixed-signal integrated circuits that convert, regulate and monitor electrical power with an emphasis on efficiency, integration and power density.

MPS’s product portfolio includes DC?DC switching regulators, power modules, power management ICs (PMICs), LED drivers, battery-management ICs, motor drivers, and AC?DC power solutions.