Vishay Intertechnology, Inc. (VSH) To Go Ex-Dividend on March 13th

Vishay Intertechnology, Inc. (NYSE:VSH) announced a quarterly dividend on Thursday, February 13th, RTT News reports. Stockholders of record on Thursday, March 13th will be given a dividend of 0.10 per share by the semiconductor company on Thursday, March 27th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.26%. The ex-dividend date of this dividend is Thursday, March 13th.

Vishay Intertechnology has increased its dividend by an average of 1.3% per year over the last three years. Vishay Intertechnology has a dividend payout ratio of 26.0% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Vishay Intertechnology to earn $1.67 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 24.0%.

Vishay Intertechnology Trading Down 0.5 %

NYSE VSH opened at $17.70 on Tuesday. Vishay Intertechnology has a 12 month low of $14.95 and a 12 month high of $24.68. The stock has a market cap of $2.40 billion, a P/E ratio of -73.73 and a beta of 1.13. The stock’s fifty day moving average price is $17.23 and its 200-day moving average price is $17.71. The company has a current ratio of 2.70, a quick ratio of 1.73 and a debt-to-equity ratio of 0.45.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on VSH. StockNews.com cut Vishay Intertechnology from a “hold” rating to a “sell” rating in a research note on Friday. JPMorgan Chase & Co. initiated coverage on Vishay Intertechnology in a research report on Monday, December 16th. They set a “neutral” rating and a $19.00 price objective on the stock.

Insider Activity at Vishay Intertechnology

In other Vishay Intertechnology news, Chairman Marc Zandman sold 27,176 shares of the stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $16.88, for a total value of $458,730.88. Following the transaction, the chairman now owns 76,468 shares of the company’s stock, valued at approximately $1,290,779.84. This represents a 26.22 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 8.14% of the stock is currently owned by insiders.

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.