Vishay Intertechnology, Inc. (VSH) Announces Quarterly Dividend of $0.06
Vishay Intertechnology, Inc. (NYSE:VSH) announced a quarterly dividend on Thursday, February 16th. Stockholders of record on Tuesday, March 14th will be paid a dividend of 0.0625 per share on Wednesday, March 29th. This represents a $0.25 annualized dividend and a dividend yield of 1.54%.
Shares of Vishay Intertechnology (NYSE:VSH) opened at 16.25 on Friday. The stock has a market cap of $2.38 billion, a P/E ratio of 50.78 and a beta of 1.12. The stock’s 50 day moving average is $16.43 and its 200 day moving average is $14.91. Vishay Intertechnology has a 12 month low of $11.13 and a 12 month high of $17.00.
Vishay Intertechnology (NYSE:VSH) last posted its earnings results on Tuesday, February 7th. The company reported $0.18 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.21 by $0.03. The business had revenue of $571 million for the quarter, compared to analyst estimates of $581.37 million. Vishay Intertechnology had a return on equity of 7.72% and a net margin of 2.10%. The firm’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period last year, the company posted $0.14 EPS. Analysts predict that Vishay Intertechnology will post $1.02 earnings per share for the current fiscal year.
In related news, insider Marc Zandman sold 27,619 shares of the stock in a transaction that occurred on Monday, December 12th. The shares were sold at an average price of $15.97, for a total transaction of $441,075.43. Following the completion of the sale, the insider now owns 102,719 shares of the company’s stock, valued at approximately $1,640,422.43. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Ruta Zandman sold 37,417 shares of the stock in a transaction that occurred on Tuesday, December 13th. The stock was sold at an average price of $16.06, for a total transaction of $600,917.02. The disclosure for this sale can be found here. 7.91% of the stock is currently owned by corporate insiders.
A number of analysts recently issued reports on the stock. Zacks Investment Research downgraded shares of Vishay Intertechnology from a “hold” rating to a “sell” rating in a research report on Friday, February 10th. TheStreet raised shares of Vishay Intertechnology from a “hold” rating to a “buy” rating in a research report on Wednesday, November 9th. Finally, Stifel Nicolaus downgraded shares of Vishay Intertechnology from a “buy” rating to a “hold” rating and set a $15.00 target price for the company. in a research report on Wednesday, November 9th. They noted that the move was a valuation call.
“Vishay Intertechnology, Inc. (VSH) Announces Quarterly Dividend of $0.06” was first reported by Daily Political and is the property of of Daily Political. If you are reading this news story on another publication, it was illegally copied and reposted in violation of U.S. & international trademark and copyright legislation. The legal version of this news story can be accessed at http://www.dailypolitical.com/2017/02/17/vishay-intertechnology-inc-vsh-announces-quarterly-dividend-of-0-06.html.
About Vishay Intertechnology
Vishay Intertechnology, Inc is a global manufacturer and supplier of discrete semiconductors and passive components. The Company operates through five segments. The MOSFETs segment offers low-voltage TrenchFET MOSFETs and high-voltage MOSFETs. The Diodes segment’s products include rectifiers, small signal diodes, protection diodes, thyristors/silicon-controlled rectifiers (SCRs) and power modules.
Receive News & Ratings for Vishay Intertechnology Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vishay Intertechnology Inc. and related companies with MarketBeat.com's FREE daily email newsletter.