MKS Inc. (NASDAQ:MKSI – Get Free Report) announced a quarterly dividend on Tuesday, May 12th. Investors of record on Wednesday, June 3rd will be given a dividend of 0.25 per share by the scientific and technical instruments company on Friday, June 12th. This represents a c) annualized dividend and a yield of 0.3%. The ex-dividend date is Wednesday, June 3rd.
MKS has raised its dividend payment by an average of 0.0%per year over the last three years. MKS has a payout ratio of 12.3% meaning its dividend is sufficiently covered by earnings. Equities analysts expect MKS to earn $14.10 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 7.1%.
MKS Stock Performance
NASDAQ MKSI traded up $8.72 during trading hours on Wednesday, hitting $320.44. The company’s stock had a trading volume of 454,455 shares, compared to its average volume of 1,405,866. MKS has a 12 month low of $80.22 and a 12 month high of $326.83. The company’s 50 day simple moving average is $253.11 and its two-hundred day simple moving average is $209.32. The company has a market cap of $21.64 billion, a P/E ratio of 67.05, a price-to-earnings-growth ratio of 1.21 and a beta of 1.98. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.11 and a quick ratio of 0.70.
MKS Company Profile
MKS Instruments, Inc (NASDAQ: MKSI) designs, manufactures and markets technology solutions that enable advanced processes in a variety of high‐technology and industrial markets. The company’s core offerings include vacuum and gas delivery systems, pressure and flow measurement instruments, optical metrology tools, photonics subsystems and critical components for manufacturing processes. These products support the precise control and monitoring needs of semiconductor, industrial manufacturing, life and health sciences, and research applications.
The company’s product portfolio features mass flow controllers, pressure transducers, vacuum gauges, gas purity monitors, laser-based metrology systems and photonic devices such as lasers and detectors.
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