Qnity Electronics, Inc. (Q) to Issue Quarterly Dividend of $0.08 on March 16th

Qnity Electronics, Inc. (NYSE:Q) declared a quarterly dividend on Tuesday, December 9th. Investors of record on Friday, February 27th will be given a dividend of 0.08 per share by the premier technology solutions leader on Monday, March 16th. This represents a c) annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Friday, February 27th.

Qnity Electronics Trading Up 2.2%

Q stock traded up $2.56 on Wednesday, hitting $119.35. 2,124,972 shares of the company’s stock traded hands, compared to its average volume of 2,412,789. Qnity Electronics has a 1-year low of $70.50 and a 1-year high of $119.92. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.07 and a current ratio of 1.78. The firm has a market cap of $25.00 billion and a PE ratio of 118.17. The stock’s fifty day moving average is $95.75.

Insider Buying and Selling

In other Qnity Electronics news, CEO Jon D. Kemp sold 5,655 shares of the business’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $85.01, for a total value of $480,731.55. Following the sale, the chief executive officer directly owned 89,177 shares of the company’s stock, valued at approximately $7,580,936.77. The trade was a 5.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Michael G. Goss sold 1,895 shares of Qnity Electronics stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $84.79, for a total value of $160,677.05. Following the completion of the sale, the vice president owned 13,305 shares of the company’s stock, valued at $1,128,130.95. The trade was a 12.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. MidFirst Bank acquired a new stake in Qnity Electronics in the 4th quarter valued at approximately $744,000. Kera Capital Partners Inc. acquired a new stake in Qnity Electronics during the fourth quarter worth about $288,000. Sunbelt Securities Inc. purchased a new stake in Qnity Electronics during the 4th quarter worth approximately $535,000. Cambient Family Office LLC acquired a new stake in Qnity Electronics in the fourth quarter valued at $206,000. Finally, Compound Planning Inc. acquired a new position in Qnity Electronics during the 4th quarter worth $444,000.

About Qnity Electronics

Qnity Electronics Inc is a premier technology solution provider across the semiconductor value chain. Qnity Electronics Inc is based in WILMINGTON, Del.