Vishay Intertechnology, Inc. (VSH) To Go Ex-Dividend on June 18th

Vishay Intertechnology, Inc. (NYSE:VSH) announced a quarterly dividend on Monday, May 18th. Stockholders of record on Thursday, June 18th will be given a dividend of 0.10 per share by the semiconductor company on Monday, June 29th. This represents a c) dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, June 18th.

Vishay Intertechnology has increased its dividend payment by an average of 0.0%annually over the last three years. Vishay Intertechnology has a dividend payout ratio of 38.8% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Vishay Intertechnology to earn $1.54 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 26.0%.

Vishay Intertechnology Stock Up 7.1%

Shares of NYSE VSH opened at $63.60 on Tuesday. The company has a quick ratio of 1.53, a current ratio of 2.64 and a debt-to-equity ratio of 0.47. Vishay Intertechnology has a 52 week low of $11.77 and a 52 week high of $66.65. The firm’s fifty day moving average is $38.30 and its 200 day moving average is $24.63. The company has a market cap of $8.66 billion, a price-to-earnings ratio of 6,359.50 and a beta of 1.76.

Vishay Intertechnology (NYSE:VSH) last posted its quarterly earnings results on Wednesday, May 13th. The semiconductor company reported $0.05 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.02. The company had revenue of $839.24 million during the quarter, compared to analyst estimates of $823.54 million. Vishay Intertechnology had a net margin of 0.07% and a return on equity of 0.22%. The firm’s revenue was up 17.3% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.03) EPS. On average, equities research analysts expect that Vishay Intertechnology will post 0.75 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Zacks Research raised shares of Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 13th. Bank of America upped their price target on Vishay Intertechnology from $18.00 to $28.00 and gave the company an “underperform” rating in a research report on Thursday, May 14th. Wall Street Zen lowered Vishay Intertechnology from a “buy” rating to a “hold” rating in a research report on Saturday, June 6th. Finally, Weiss Ratings raised Vishay Intertechnology from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 27th. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Vishay Intertechnology presently has an average rating of “Moderate Buy” and an average target price of $24.00.

Vishay Intertechnology Company Profile

Vishay Intertechnology, Inc is a global manufacturer of discrete semiconductors and passive electronic components, serving a wide range of industries including industrial, automotive, computing, consumer electronics, telecommunications, medical, and military/aerospace markets. The company’s portfolio encompasses resistors, capacitors, inductors, sensors, diodes, rectifiers, MOSFETs and a variety of integrated circuit solutions. Vishay’s components are used in power management, signal conditioning, circuit protection and sensing applications, supporting both standard and custom designs for original equipment manufacturers worldwide.

Originally founded in 1962 by Dr.