Kulicke and Soffa Industries, Inc. (KLIC) To Go Ex-Dividend on September 17th

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) declared a quarterly dividend on Wednesday, August 26th. Shareholders of record on Thursday, September 17th will be paid a dividend of 0.205 per share by the semiconductor company on Wednesday, October 7th. This represents a c) annualized dividend and a yield of 1.0%. The ex-dividend date is Thursday, September 17th.

Kulicke and Soffa Industries has increased its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 7 years. Kulicke and Soffa Industries has a dividend payout ratio of 53.6% indicating that its dividend is sufficiently covered by earnings. Analysts expect Kulicke and Soffa Industries to earn $4.96 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 16.5%.

Kulicke and Soffa Industries Stock Performance

Shares of NASDAQ KLIC opened at $84.67 on Friday. The firm’s 50 day moving average price is $103.08 and its 200-day moving average price is $90.44. The company has a market cap of $4.43 billion, a PE ratio of 39.02 and a beta of 1.67. Kulicke and Soffa Industries has a 52-week low of $35.02 and a 52-week high of $135.80.

Kulicke and Soffa Industries (NASDAQ:KLIC) last posted its quarterly earnings results on Wednesday, August 5th. The semiconductor company reported $1.20 EPS for the quarter, beating analysts’ consensus estimates of $1.06 by $0.14. The firm had revenue of $330.41 million for the quarter, compared to analysts’ expectations of $308.50 million. Kulicke and Soffa Industries had a net margin of 12.18% and a return on equity of 14.39%. The business’s revenue for the quarter was up 122.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.07 earnings per share. Kulicke and Soffa Industries has set its Q4 2026 guidance at 1.278-1.562 EPS. On average, analysts forecast that Kulicke and Soffa Industries will post 3.38 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Peter T. M. Kong sold 1,551 shares of the firm’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $110.00, for a total transaction of $170,610.00. Following the sale, the director owned 100,009 shares of the company’s stock, valued at $11,000,990. This trade represents a 1.53% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Nelson Munpun Wong sold 15,000 shares of Kulicke and Soffa Industries stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $113.72, for a total transaction of $1,705,800.00. Following the completion of the sale, the senior vice president owned 71,369 shares of the company’s stock, valued at $8,116,082.68. This represents a 17.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 76,551 shares of company stock valued at $9,179,010 in the last 90 days. 1.20% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Kulicke and Soffa Industries

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. purchased a new stake in Kulicke and Soffa Industries during the 2nd quarter valued at $1,204,835,000. California State Teachers Retirement System boosted its stake in shares of Kulicke and Soffa Industries by 12,902.6% in the 2nd quarter. California State Teachers Retirement System now owns 7,959,656 shares of the semiconductor company’s stock worth $1,064,684,000 after buying an additional 7,898,440 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Kulicke and Soffa Industries by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 3,513,023 shares of the semiconductor company’s stock worth $160,053,000 after buying an additional 20,535 shares during the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of Kulicke and Soffa Industries by 21.1% in the second quarter. The Manufacturers Life Insurance Company now owns 2,348,020 shares of the semiconductor company’s stock worth $81,241,000 after acquiring an additional 409,116 shares during the period. Finally, Morgan Stanley grew its holdings in shares of Kulicke and Soffa Industries by 6.7% in the fourth quarter. Morgan Stanley now owns 1,230,330 shares of the semiconductor company’s stock worth $56,054,000 after acquiring an additional 77,527 shares during the period. Hedge funds and other institutional investors own 98.22% of the company’s stock.

About Kulicke and Soffa Industries

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.