MKS Inc. (NASDAQ:MKSI) Stock to Pay Quarterly Dividend of $0.25

MKS Inc. (NASDAQ:MKSI) announced a quarterly dividend on Wednesday, November 4th. Investors of record on Wednesday, November 25th will be given a dividend of $0.25 per share by the scientific and technical instruments company on Monday, December 7th. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Wednesday, November 25th.

MKS has a payout ratio of 12.3% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect MKS to earn $17.49 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 5.7%.

MKS Stock Performance

Shares of MKSI opened at $194.95 on Thursday. The business’s fifty day moving average price is $243.61 and its 200 day moving average price is $277.24. MKS has a 12-month low of $134.74 and a 12-month high of $447.62. The stock has a market capitalization of $13.18 billion, a PE ratio of 31.09, a price-to-earnings-growth ratio of 0.43 and a beta of 2.14. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.14 and a quick ratio of 0.72.

MKS (NASDAQ:MKSI) last released its earnings results on Wednesday, November 4th. The scientific and technical instruments company reported $4.18 earnings per share for the quarter, beating the consensus estimate of $3.63 by $0.55. MKS had a net margin of 10.15% and a return on equity of 24.72%. The firm had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.36 billion. During the same quarter in the previous year, the firm earned $1.93 earnings per share. The firm’s revenue for the quarter was up 43.0% compared to the same quarter last year. Equities research analysts forecast that MKS will post 13.14 EPS for the current year.

MKS announced that its Board of Directors has authorized a share repurchase program on Wednesday, November 4th that authorizes the company to buy back $500 million in shares. This buyback authorization authorizes the scientific and technical instruments company to repurchase up to 3.6% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board believes its shares are undervalued.

MKS Company Profile

MKS Instruments, Inc (NASDAQ: MKSI) develops technologies that enable precision control and measurement in manufacturing and research environments. The company provides instruments, components, systems and process-control solutions used to measure and control pressure, flow, vacuum, gas delivery, temperature and other critical production conditions.

Its product portfolio includes vacuum solutions, pressure and flow-control instruments, gas and vapor delivery systems, plasma and reactive-gas technologies, power delivery systems, process-monitoring equipment, analytical instruments and materials-characterization tools.