Advanced Energy Industries, Inc. (AEIS) to Issue Quarterly Dividend of $0.10 on March 6th

Advanced Energy Industries, Inc. (NASDAQ:AEIS) announced a quarterly dividend on Thursday, February 5th. Shareholders of record on Monday, February 23rd will be paid a dividend of 0.10 per share by the electronics maker on Friday, March 6th. This represents a c) annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Monday, February 23rd.

Advanced Energy Industries has a payout ratio of 6.3% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Advanced Energy Industries to earn $5.07 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 7.9%.

Advanced Energy Industries Price Performance

Shares of AEIS opened at $273.26 on Friday. The business’s 50-day moving average is $232.92 and its two-hundred day moving average is $194.22. The company has a market capitalization of $10.31 billion, a P/E ratio of 71.72, a P/E/G ratio of 1.23 and a beta of 1.41. Advanced Energy Industries has a fifty-two week low of $75.01 and a fifty-two week high of $277.14. The company has a debt-to-equity ratio of 0.43, a quick ratio of 3.01 and a current ratio of 4.10.

Advanced Energy Industries (NASDAQ:AEIS) last issued its earnings results on Tuesday, November 4th. The electronics maker reported $1.74 EPS for the quarter, topping analysts’ consensus estimates of $1.47 by $0.27. The firm had revenue of $463.30 million for the quarter, compared to the consensus estimate of $441.54 million. Advanced Energy Industries had a return on equity of 14.27% and a net margin of 8.41%.The company’s revenue was up 23.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.98 earnings per share. Research analysts predict that Advanced Energy Industries will post 3.66 earnings per share for the current year.

Advanced Energy Industries Company Profile

Advanced Energy Industries, Inc is a global technology company specializing in precision power conversion, measurement, and control solutions. The company designs and manufactures a broad portfolio of products including high-voltage power supplies, RF and microwave generators, digital power controllers, reactive gas control systems, and thin film measurement instruments. These solutions enable advanced processes in semiconductor fabrication, flat panel display manufacturing, industrial coating, data storage, telecommunications and medical device production.

Founded in 1981 and headquartered in Fort Collins, Colorado, Advanced Energy has grown through strategic product development and international expansion.