STMicroelectronics N.V. (STM) To Go Ex-Dividend on June 23rd

STMicroelectronics N.V. (NYSE:STM) declared a quarterly dividend on Thursday, March 26th. Stockholders of record on Tuesday, June 23rd will be given a dividend of 0.09 per share by the semiconductor producer on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Tuesday, June 23rd.

STMicroelectronics has increased its dividend by an average of 0.1%per year over the last three years. STMicroelectronics has a payout ratio of 19.5% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect STMicroelectronics to earn $2.72 per share next year, which means the company should continue to be able to cover its $0.30 annual dividend with an expected future payout ratio of 11.0%.

STMicroelectronics Stock Performance

Shares of STM stock opened at $78.40 on Friday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.34 and a current ratio of 3.31. The firm has a market capitalization of $70.41 billion, a price-to-earnings ratio of 490.02 and a beta of 1.94. The company has a 50 day moving average price of $61.32 and a 200 day moving average price of $41.03. STMicroelectronics has a one year low of $21.11 and a one year high of $81.42.

STMicroelectronics (NYSE:STM) last issued its earnings results on Saturday, March 28th. The semiconductor producer reported $0.13 earnings per share for the quarter. STMicroelectronics had a return on equity of 3.01% and a net margin of 1.19%.The firm had revenue of $3.10 billion for the quarter. Sell-side analysts anticipate that STMicroelectronics will post 1.17 EPS for the current year.

STMicroelectronics Company Profile

STMicroelectronics is a global semiconductor company headquartered in Geneva, Switzerland, formed through the 1987 merger of SGS Microelettronica and Thomson Semiconducteurs. The company designs, develops and manufactures a broad range of semiconductor products and solutions that serve multiple end markets worldwide. ST’s offerings span from basic components to integrated systems, emphasizing energy-efficient and high-performance devices for modern electronics.

Product categories include microcontrollers (notably the widely used STM32 family), analog and mixed-signal ICs, power MOSFETs and power-management devices, MEMS and sensors, image sensors, and discrete semiconductors.