Advanced Energy Industries, Inc. (NASDAQ:AEIS – Get Free Report) declared a quarterly dividend on Monday, August 3rd. Stockholders of record on Monday, August 24th will be given a dividend of 0.10 per share by the electronics maker on Friday, September 4th. This represents a c) annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend is Monday, August 24th.
Advanced Energy Industries has a payout ratio of 6.3% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Advanced Energy Industries to earn $11.85 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 3.4%.
Advanced Energy Industries Price Performance
Shares of NASDAQ:AEIS opened at $285.83 on Friday. The stock has a market cap of $11.45 billion, a P/E ratio of 53.33 and a beta of 1.29. Advanced Energy Industries has a 12 month low of $144.09 and a 12 month high of $397.44. The company has a 50 day moving average of $320.67 and a 200 day moving average of $326.38. The company has a current ratio of 3.79, a quick ratio of 2.94 and a debt-to-equity ratio of 0.78.
About Advanced Energy Industries
Advanced Energy Industries, Inc is a global technology company specializing in precision power conversion, measurement, and control solutions. The company designs and manufactures a broad portfolio of products including high-voltage power supplies, RF and microwave generators, digital power controllers, reactive gas control systems, and thin film measurement instruments. These solutions enable advanced processes in semiconductor fabrication, flat panel display manufacturing, industrial coating, data storage, telecommunications and medical device production.
Founded in 1981 and headquartered in Fort Collins, Colorado, Advanced Energy has grown through strategic product development and international expansion.
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