Vishay Intertechnology, Inc. (NYSE:VSH) to Issue $0.10 Quarterly Dividend

Vishay Intertechnology, Inc. (NYSE:VSH) declared a quarterly dividend on Thursday, February 13th, RTT News reports. Shareholders of record on Thursday, March 13th will be given a dividend of 0.10 per share by the semiconductor company on Thursday, March 27th. This represents a $0.40 dividend on an annualized basis and a yield of 2.26%. The ex-dividend date is Thursday, March 13th.

Vishay Intertechnology has raised its dividend by an average of 1.3% per year over the last three years. Vishay Intertechnology has a dividend payout ratio of 26.0% meaning its dividend is sufficiently covered by earnings. 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 Stock Down 0.5 %

VSH stock opened at $17.70 on Tuesday. Vishay Intertechnology has a twelve month low of $14.95 and a twelve month high of $24.68. The company has a quick ratio of 1.73, a current ratio of 2.70 and a debt-to-equity ratio of 0.45. The stock has a market cap of $2.40 billion, a P/E ratio of -73.73 and a beta of 1.13. The business’s 50-day moving average price is $17.23 and its 200-day moving average price is $17.71.

Insider Buying and Selling

In related news, Chairman Marc Zandman sold 27,176 shares of the business’s stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $16.88, for a total value of $458,730.88. Following the transaction, the chairman now directly owns 76,468 shares of the company’s stock, valued at approximately $1,290,779.84. The trade was a 26.22 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 8.14% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

VSH has been the topic of a number of analyst reports. StockNews.com cut Vishay Intertechnology from a “hold” rating to a “sell” rating in a research report on Friday. JPMorgan Chase & Co. initiated coverage on Vishay Intertechnology in a research report on Monday, December 16th. They set a “neutral” rating and a $19.00 price objective on the stock.

Vishay Intertechnology Company Profile

Vishay Intertechnology, Inc manufactures and sells discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. The company operates through Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors segments.