Amkor Technology, Inc. (NASDAQ:AMKR – Get Free Report) announced a quarterly dividend on Thursday, February 19th. Investors of record on Thursday, March 12th will be paid a dividend of 0.0835 per share by the semiconductor company on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, March 12th.
Amkor Technology has raised its dividend payment by an average of 0.5%annually over the last three years and has increased its dividend every year for the last 4 years. Amkor Technology has a dividend payout ratio of 22.0% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Amkor Technology to earn $1.98 per share next year, which means the company should continue to be able to cover its $0.33 annual dividend with an expected future payout ratio of 16.7%.
Amkor Technology Trading Up 3.9%
NASDAQ:AMKR opened at $43.22 on Tuesday. Amkor Technology has a one year low of $14.03 and a one year high of $57.09. The business has a fifty day moving average price of $48.22 and a 200-day moving average price of $38.15. The firm has a market capitalization of $10.69 billion, a price-to-earnings ratio of 28.62 and a beta of 1.94. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.27 and a quick ratio of 2.01.
Analyst Ratings Changes
Several brokerages have weighed in on AMKR. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Amkor Technology in a report on Wednesday, January 21st. Morgan Stanley upped their target price on shares of Amkor Technology from $28.00 to $45.00 and gave the stock an “equal weight” rating in a report on Tuesday, February 10th. Zacks Research lowered Amkor Technology from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 25th. JPMorgan Chase & Co. boosted their price objective on Amkor Technology from $32.00 to $65.00 and gave the company an “overweight” rating in a research report on Tuesday, February 10th. Finally, Wall Street Zen raised Amkor Technology from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 28th. Three research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $49.86.
Read Our Latest Analysis on Amkor Technology
Amkor Technology Company Profile
Amkor Technology, Inc (NASDAQ:AMKR) is a leading provider of outsourced semiconductor packaging and test (OSAT) services, supporting integrated device manufacturers and semiconductor foundries worldwide. The company offers a broad range of advanced packaging solutions, including wafer bumping, flip chip, system-in-package and ball grid array technologies, designed to meet the performance, power and form-factor demands of applications across consumer electronics, automotive, communications and industrial markets.
In addition to packaging, Amkor delivers comprehensive test services such as wafer probing, final test, system-level test and digital, analog and mixed-signal testing, enabling customers to accelerate time-to-market and reduce total costs.
See Also
- Five stocks we like better than Amkor Technology
- The Market Just Split in Two (URGENT)
- Buy this Gold Stock Before May 15th, 2026
- J.P. Morgan is betting on this coin
- Central banks just did something they haven’t done since 1967
- Ticker Revealed: Pre-IPO Access to “Next Elon Musk” Company
Receive News & Ratings for Amkor Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amkor Technology and related companies with MarketBeat.com's FREE daily email newsletter.
