Vishay Intertechnology, Inc. (VSH) to Issue Quarterly Dividend of $0.10 on March 26th

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

Vishay Intertechnology has increased its dividend by an average of 0.0%annually over the last three years. Vishay Intertechnology has a payout ratio of 38.8% indicating that 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 Stock Down 2.6%

VSH stock opened at $18.89 on Friday. The company has a current ratio of 2.62, a quick ratio of 1.57 and a debt-to-equity ratio of 0.46. The firm has a market cap of $2.56 billion, a PE ratio of -269.75 and a beta of 1.14. Vishay Intertechnology has a 1 year low of $10.35 and a 1 year high of $22.00. The company has a fifty day simple moving average of $17.07 and a 200 day simple moving average of $15.86.

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

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on VSH shares. Zacks Research lowered shares of Vishay Intertechnology from a “hold” rating to a “strong sell” rating in a research report on Monday, February 9th. Bank of America raised their price target on Vishay Intertechnology from $14.00 to $16.00 and gave the company an “underperform” rating in a research report on Thursday, January 22nd. JPMorgan Chase & Co. increased their target price on Vishay Intertechnology from $14.00 to $20.00 and gave the company a “neutral” rating in a research note on Thursday, February 5th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Vishay Intertechnology in a research report on Wednesday, January 21st. Finally, Argus raised Vishay Intertechnology to a “strong-buy” rating in a research report on Monday, February 9th. One analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus price target of $18.00.

Vishay Intertechnology Company Profile

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.