Vishay Intertechnology, Inc. Plans Quarterly Dividend of $0.10 (NYSE:VSH)

Vishay Intertechnology, Inc. (NYSE:VSH) announced a quarterly dividend on Thursday, February 12th. Investors of record on Thursday, March 12th will be paid a dividend of 0.10 per share by the semiconductor company on Thursday, March 26th. This represents a c) annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Thursday, March 12th.

Vishay Intertechnology has raised its dividend by an average of 0.0%annually over the last three years. Vishay Intertechnology has a payout ratio of 38.8% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Vishay Intertechnology to earn $1.67 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 24.0%.

Vishay Intertechnology Price Performance

VSH stock opened at $19.14 on Friday. The company’s 50-day moving average price is $17.00 and its two-hundred day moving average price is $15.85. The firm has a market cap of $2.60 billion, a P/E ratio of -273.23 and a beta of 1.14. The company has a quick ratio of 1.57, a current ratio of 2.62 and a debt-to-equity ratio of 0.46. Vishay Intertechnology has a 12 month low of $10.35 and a 12 month high of $22.00.

Vishay Intertechnology (NYSE:VSH) last posted its earnings results on Wednesday, February 4th. The semiconductor company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.02 by ($0.01). Vishay Intertechnology had a negative return on equity of 0.32% and a negative net margin of 0.29%.The business had revenue of $800.92 million for the quarter, compared to analyst estimates of $790.47 million. The company’s revenue was up 12.1% on a year-over-year basis. On average, analysts anticipate that Vishay Intertechnology will post 0.53 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Vishay Intertechnology

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Jones Financial Companies Lllp grew its position in Vishay Intertechnology by 709.5% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,797 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 1,575 shares in the last quarter. Quarry LP purchased a new stake in Vishay Intertechnology during the third quarter valued at about $39,000. Empowered Funds LLC purchased a new position in shares of Vishay Intertechnology in the fourth quarter worth approximately $57,000. Hantz Financial Services Inc. raised its position in Vishay Intertechnology by 255.8% during the fourth quarter. Hantz Financial Services Inc. now owns 5,124 shares of the semiconductor company’s stock valued at $74,000 after buying an additional 3,684 shares during the period. Finally, Mitsubishi UFJ Trust & Banking Corp acquired a new stake in Vishay Intertechnology in the fourth quarter valued at approximately $87,000. 93.66% of the stock is owned by institutional investors and hedge funds.

About Vishay Intertechnology

Vishay Intertechnology, Inc is a global manufacturer of discrete semiconductors and passive electronic components, serving a wide range of industries including industrial, automotive, computing, consumer electronics, telecommunications, medical, and military/aerospace markets. The company’s portfolio encompasses resistors, capacitors, inductors, sensors, diodes, rectifiers, MOSFETs and a variety of integrated circuit solutions. Vishay’s components are used in power management, signal conditioning, circuit protection and sensing applications, supporting both standard and custom designs for original equipment manufacturers worldwide.

Originally founded in 1962 by Dr.