Vishay Intertechnology, Inc. (NYSE:VSH) Plans Quarterly Dividend of $0.10

Vishay Intertechnology, Inc. (NYSE:VSH - Get Free Report) declared a quarterly dividend on Thursday, November 7th,Zacks Dividends reports. Shareholders of record on Tuesday, December 3rd will be paid a dividend of 0.10 per share by the semiconductor company on Thursday, December 12th. This represents a $0.40 annualized dividend and a dividend yield of 2.24%. The ex-dividend date of this dividend is Tuesday, December 3rd.

Vishay Intertechnology has raised its dividend payment by an average of 1.7% per year over the last three years. Vishay Intertechnology has a payout ratio of 29.4% indicating that its dividend is sufficiently covered by earnings. Analysts expect Vishay Intertechnology to earn $1.44 per share next year, which means the company should continue to be able to cover its $0.40 annual dividend with an expected future payout ratio of 27.8%.

Vishay Intertechnology Stock Performance

NYSE:VSH remained flat at $17.89 during trading hours on Friday. 1,221,991 shares of the company's stock traded hands, compared to its average volume of 1,221,664. The business's fifty day simple moving average is $18.13 and its 200 day simple moving average is $20.94. The firm has a market capitalization of $2.45 billion, a price-to-earnings ratio of 28.85 and a beta of 1.09. The company has a current ratio of 2.81, a quick ratio of 1.98 and a debt-to-equity ratio of 0.38. Vishay Intertechnology has a 52 week low of $16.65 and a 52 week high of $24.72.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last announced its quarterly earnings results on Wednesday, November 6th. The semiconductor company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.07). The firm had revenue of $735.35 million for the quarter, compared to analyst estimates of $748.84 million. Vishay Intertechnology had a net margin of 2.88% and a return on equity of 5.35%. The firm's quarterly revenue was down 13.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.60 earnings per share. Research analysts predict that Vishay Intertechnology will post 0.72 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, TD Cowen decreased their price objective on shares of Vishay Intertechnology from $24.00 to $22.00 and set a "hold" rating for the company in a report on Thursday, August 8th.

Vishay Intertechnology Company Profile

Vishay Intertechnology, Inc manufactures and sells discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. The company operates through Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors segments.