STMicroelectronics NV (STM) To Go Ex-Dividend on March 18th
STMicroelectronics NV (NYSE:STM) declared a quarterly dividend on Monday, February 4th, Wall Street Journal reports. Investors of record on Tuesday, March 19th will be given a dividend of 0.06 per share by the semiconductor producer on Tuesday, March 26th. This represents a $0.24 dividend on an annualized basis and a yield of 1.46%. The ex-dividend date of this dividend is Monday, March 18th.
STM opened at $16.46 on Friday. STMicroelectronics has a 52-week low of $12.00 and a 52-week high of $26.43. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.76 and a quick ratio of 2.02. The firm has a market cap of $14.76 billion, a P/E ratio of 11.51, a price-to-earnings-growth ratio of 2.91 and a beta of 1.09.
STMicroelectronics (NYSE:STM) last posted its quarterly earnings data on Thursday, January 24th. The semiconductor producer reported $0.46 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.44 by $0.02. STMicroelectronics had a return on equity of 21.88% and a net margin of 13.32%. The company had revenue of $2.65 billion during the quarter, compared to analysts’ expectations of $2.61 billion. During the same quarter in the previous year, the business earned $0.36 EPS. As a group, research analysts forecast that STMicroelectronics will post 1.09 earnings per share for the current fiscal year.
STMicroelectronics Company Profile
STMicroelectronics N.V., together with its subsidiaries, develops, manufactures, and markets semiconductor products worldwide. It operates through Automotive and Discrete Group; Analog, MEMS and Sensors Group; and Microcontrollers and Digital ICs Group segments. The company offers a range of products, including discrete and standard commodity components, application-specific integrated circuits, full-custom and semi-custom devices, and application-specific standard products for analog, digital, and mixed-signal applications, as well as silicon chips and smartcards.
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