SproutNews logo

EX-Dividend Schedule: Vishay Intertechnology Boosted its Dividend by 26%; Will Trade Ex-Dividend on June 12, 2018

LONDON, UK / ACCESSWIRE / June 11, 2018 / Active-Investors has a free review on Vishay Intertechnology, Inc. (NYSE: VSH) following the Company’s announcement that it will begin trading ex-dividend on June 12, 2018. To capture the dividend payout, investors must purchase the stock a day prior to the ex-dividend date that is by latest at the end of the trading session on June 11, 2018. Active-Investors has initiated due-diligence on this dividend stock. Register with us for more free research including the one on VSH:

www.active-investors.com/registration-sg/?symbol=VSH

If your portfolio includes dividend stocks, you have come to the right place for timely information. All you need to do is sign up for your free membership at:

www.active-investors.com/registration-sg

Dividend Declared

On May 07, 2018, Vishay announced that its Board of Directors declared a dividend of $0.085 per share of common stock and Class B common stock, a 26% increase over the previous quarter’s dividend, to be paid on June 28, 2018, to stockholders of record as of the close of business on June 13, 2018.

Vishay’s indicated dividend represents a yield of 1.57%, which is substantially higher than the average dividend yield of 1.07% for the Technology sector. The Company has raised dividend for two consecutive years.

Dividend Insights

Vishay has a dividend payout ratio of 19.1%, which indicates that the Company spends approximately $0.20 for dividend distribution out of every $1.00 earned. The dividend payout ratio reflects how much amount a company is returning to shareholders versus how much money it is keeping on hand to reinvest in growth, to pay off debt, and/or to add to its cash reserves.

According to analysts’ estimates, Vishay is forecasted to report earnings of $1.81 per share for the next year, which is more than five times higher compared to the Company’s annualized dividend payout of $0.34 per share.

At March 31, 2018, Vishay’s cash and cash equivalents totaled $839.59 million compared to $748.03 million as on December 31, 2017. The Company’s cash from operations for trailing twelve months were $372 million and capital expenditures totaled $182 million. The Company’s balance sheet remains strong and is well positioned over the long-term to sustain its dividend distribution.

Recent Development for Vishay

On June 04, 2018, Vishay announced a new high current planar choke inductor that offers the same performance as wirewound devices in a fraction of the space. The new IPLA 32 measures just 31 mm by 43 mm by 22.2 mm but is rated for currents up to 110 A, allowing high power density DC/DC converters to occupy a significantly smaller footprint.

With a recommended frequency range of 100 kHz to 800 kHz, the IPLA 32 will enable more compact and lightweight DC/DC circuitry in electric and hybrid cars, off-road vehicles including forklifts, and all manner of embedded systems. The IPLA 32 is available with standard inductance values of 1 μH, 2 μH, 3 μH, and 4 μH. Magnetically shielded for low EMI, the inductor features a high self-resonance frequency and very stable performance versus temperature.

About Vishay Intertechnology, Inc.

Vishay Intertechnology, a Fortune 1000 Company, is one of the world’s largest manufacturers of discrete semiconductors and passive electronic components. These components are used in virtually all types of electronic devices and equipment, in the industrial, computing, automotive, consumer, telecommunications, military, aerospace, power supplies, and medical markets.

Stock Performance Snapshot

June 08, 2018 – At Friday’s closing bell, Vishay Intertechnology’s stock fell 2.23%, ending the trading session at $24.15.

Volume traded for the day: 16.50 million shares, which was above the 3-month average volume of 1.66 million shares.

Stock performance in the last month – up 13.92%; previous three-month period – up 21.66%; past twelve-month period – up 39.19%; and year-to-date – up 16.39%

After last Friday’s close, Vishay Intertechnology’s market cap was at $3.49 billion.

Price to Earnings (P/E) ratio was at 15.47.

The stock has a dividend yield of 1.41%.

The stock is part of the Technology sector, categorized under the Semiconductor – Broad Line industry. This sector was up 0.2% at the end of the session.

Active-Investors:

Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

A-I has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third-party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@active-investors.com

Phone number: 73 29 92 6381

Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active-Investors

ReleaseID: 502239

Go Top