Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Declares $0.21 Quarterly Dividend

Kulicke and Soffa Industries, Inc. (NASDAQ:KLICGet Free Report) declared a quarterly dividend on Tuesday, March 3rd. Stockholders of record on Thursday, March 19th will be paid a dividend of 0.205 per share by the semiconductor company on Wednesday, April 8th. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Thursday, March 19th.

Kulicke and Soffa Industries has increased its dividend by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 7 consecutive years. Kulicke and Soffa Industries has a payout ratio of 53.6% meaning its dividend is sufficiently covered by earnings. Research analysts expect Kulicke and Soffa Industries to earn $1.73 per share next year, which means the company should continue to be able to cover its $0.82 annual dividend with an expected future payout ratio of 47.4%.

Kulicke and Soffa Industries Price Performance

KLIC opened at $66.14 on Tuesday. The firm has a market cap of $3.46 billion, a PE ratio of -54.66 and a beta of 1.57. The stock has a 50-day moving average price of $63.66 and a 200-day moving average price of $49.55. Kulicke and Soffa Industries has a 1 year low of $26.63 and a 1 year high of $77.50.

Kulicke and Soffa Industries (NASDAQ:KLICGet Free Report) last announced its quarterly earnings data on Wednesday, February 4th. The semiconductor company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.33 by $0.11. The company had revenue of $199.63 million for the quarter, compared to the consensus estimate of $190.03 million. Kulicke and Soffa Industries had a negative net margin of 9.40% and a negative return on equity of 1.13%. Kulicke and Soffa Industries’s revenue for the quarter was up 20.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.37 EPS. Kulicke and Soffa Industries has set its Q2 2026 guidance at 0.600-0.740 EPS. As a group, sell-side analysts anticipate that Kulicke and Soffa Industries will post 0.93 EPS for the current year.

Analyst Upgrades and Downgrades

KLIC has been the topic of several analyst reports. DA Davidson reiterated a “buy” rating and issued a $55.00 target price on shares of Kulicke and Soffa Industries in a research note on Friday, November 21st. Weiss Ratings lowered shares of Kulicke and Soffa Industries from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, February 6th. Needham & Company LLC upped their price objective on Kulicke and Soffa Industries from $64.00 to $70.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Zacks Research upgraded Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. Finally, B. Riley Financial reissued a “neutral” rating and issued a $39.00 target price (up from $35.00) on shares of Kulicke and Soffa Industries in a report on Friday, November 21st. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Kulicke and Soffa Industries has a consensus rating of “Moderate Buy” and a consensus price target of $50.50.

Check Out Our Latest Research Report on Kulicke and Soffa Industries

Kulicke and Soffa Industries Company Profile

(Get Free Report)

Kulicke & Soffa Industries (NASDAQ:KLIC) is a global supplier of semiconductor and LED assembly equipment. The company specializes in the design, development and manufacture of advanced die bonding, wire bonding, flip-chip bumping and wafer-level packaging systems. Its solutions support a wide range of applications in consumer electronics, automotive, communications and other high-growth segments within the semiconductor and LED industries.

Key products include precision wire bonders for microelectronic packaging, die attach systems for chip placement, flip-chip bonders for advanced packaging architectures and LED packaging platforms that enable high-volume production of automotive and general-illumination LEDs.

See Also

Dividend History for Kulicke and Soffa Industries (NASDAQ:KLIC)

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