Skyworks Solutions, Inc. (SWKS) to Issue Quarterly Dividend of $0.71 on March 17th

Skyworks Solutions, Inc. (NASDAQ:SWKS) declared a quarterly dividend on Tuesday, February 3rd. Investors of record on Tuesday, February 24th will be given a dividend of 0.71 per share by the semiconductor manufacturer on Tuesday, March 17th. This represents a c) dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend is Tuesday, February 24th.

Skyworks Solutions has raised its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 11 years. Skyworks Solutions has a dividend payout ratio of 67.0% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Skyworks Solutions to earn $2.88 per share next year, which means the company should continue to be able to cover its $2.84 annual dividend with an expected future payout ratio of 98.6%.

Skyworks Solutions Stock Up 5.5%

SWKS stock opened at $59.03 on Thursday. The stock’s 50 day simple moving average is $62.80 and its 200 day simple moving average is $69.54. The company has a market cap of $8.85 billion, a P/E ratio of 22.70 and a beta of 1.33. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.76 and a current ratio of 2.33. Skyworks Solutions has a fifty-two week low of $47.93 and a fifty-two week high of $90.90.

Skyworks Solutions (NASDAQ:SWKS) last released its quarterly earnings data on Tuesday, February 3rd. The semiconductor manufacturer reported $1.54 EPS for the quarter, beating the consensus estimate of $1.40 by $0.14. Skyworks Solutions had a return on equity of 11.71% and a net margin of 9.73%.The firm had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $999.02 million. During the same quarter in the previous year, the company posted $1.60 earnings per share. The company’s quarterly revenue was down 3.1% on a year-over-year basis. Skyworks Solutions has set its Q2 2026 guidance at 1.040-1.040 EPS. On average, research analysts expect that Skyworks Solutions will post 3.7 earnings per share for the current fiscal year.

About Skyworks Solutions

Skyworks Solutions, Inc is a leading semiconductor company that designs and manufactures analog and mixed-signal semiconductors for use in radio frequency (RF) and mobile communications markets. The company’s portfolio includes power amplifiers, front-end modules, switches, filters, low-noise amplifiers, and other components that enable wireless connectivity in smartphones, tablets, wearables, automotive telematics, and broadband infrastructure. With a focus on energy efficiency and integration, Skyworks serves a broad range of customers in the mobile, Internet of Things (IoT), automotive, connected home, and industrial end markets.

Headquartered in Irvine, California, Skyworks operates a network of design, development, and manufacturing facilities across North America, Europe, and the Asia-Pacific region.