Skyworks Solutions, Inc. (NASDAQ:SWKS) to Issue Quarterly Dividend of $0.71

Skyworks Solutions, Inc. (NASDAQ:SWKS) declared a quarterly dividend on Tuesday, February 3rd. Stockholders of record on Tuesday, February 24th will be paid a dividend of 0.71 per share by the semiconductor manufacturer on Tuesday, March 17th. This represents a c) annualized dividend and a dividend yield of 4.9%. 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 increased 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. Research 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 2.8%

Skyworks Solutions stock traded up $1.55 during midday trading on Wednesday, hitting $57.48. The stock had a trading volume of 2,579,471 shares, compared to its average volume of 4,455,577. The stock has a market cap of $8.62 billion, a P/E ratio of 18.82 and a beta of 1.33. The business has a fifty day moving average price of $62.93 and a 200 day moving average price of $69.61. The company has a current ratio of 2.33, a quick ratio of 1.76 and a debt-to-equity ratio of 0.09. Skyworks Solutions has a 12 month low of $47.93 and a 12 month high of $90.90.

Skyworks Solutions (NASDAQ:SWKS) last announced its quarterly earnings data on Tuesday, February 3rd. The semiconductor manufacturer reported $1.54 earnings per share for the quarter, beating analysts’ consensus estimates of $1.40 by $0.14. Skyworks Solutions had a net margin of 11.67% and a return on equity of 12.01%. The business had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $999.02 million. During the same quarter in the prior year, the firm earned $1.60 EPS. The company’s revenue for the quarter was down 3.1% compared to the same quarter last year. Skyworks Solutions has set its Q2 2026 guidance at 1.040-1.040 EPS. Research analysts predict that Skyworks Solutions will post 3.7 EPS for the current year.

Insider Transactions at Skyworks Solutions

In other Skyworks Solutions news, EVP Reza Kasnavi sold 7,332 shares of Skyworks Solutions stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $62.26, for a total transaction of $456,490.32. Following the transaction, the executive vice president owned 26,087 shares of the company’s stock, valued at $1,624,176.62. The trade was a 21.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Robert John Terry sold 4,945 shares of the stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $62.28, for a total transaction of $307,974.60. Following the completion of the sale, the senior vice president directly owned 19,824 shares of the company’s stock, valued at $1,234,638.72. This trade represents a 19.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.28% of the company’s stock.

Institutional Trading of Skyworks Solutions

Several hedge funds and other institutional investors have recently modified their holdings of SWKS. AE Wealth Management LLC boosted its stake in shares of Skyworks Solutions by 7.8% in the 3rd quarter. AE Wealth Management LLC now owns 193,525 shares of the semiconductor manufacturer’s stock valued at $14,898,000 after purchasing an additional 14,007 shares in the last quarter. Rakuten Investment Management Inc. bought a new position in Skyworks Solutions during the 3rd quarter valued at about $12,155,000. Robeco Institutional Asset Management B.V. boosted its position in Skyworks Solutions by 26.9% in the third quarter. Robeco Institutional Asset Management B.V. now owns 671,970 shares of the semiconductor manufacturer’s stock valued at $51,728,000 after buying an additional 142,600 shares in the last quarter. Y Intercept Hong Kong Ltd boosted its holdings in shares of Skyworks Solutions by 102.6% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 79,771 shares of the semiconductor manufacturer’s stock worth $6,141,000 after acquiring an additional 40,390 shares in the last quarter. Finally, Exchange Traded Concepts LLC raised its position in Skyworks Solutions by 33.1% in the 3rd quarter. Exchange Traded Concepts LLC now owns 71,943 shares of the semiconductor manufacturer’s stock valued at $5,538,000 after purchasing an additional 17,874 shares during the last quarter. 85.43% of the stock is currently owned by hedge funds and other institutional investors.

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.