Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC – Get Free Report) announced a quarterly dividend on Tuesday, March 3rd. Investors of record on Thursday, March 19th will be paid a dividend of 0.205 per share by the semiconductor company on Wednesday, April 8th. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, March 19th.
Kulicke and Soffa Industries has increased its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 7 consecutive years. Kulicke and Soffa Industries has a dividend payout ratio of 53.6% meaning its dividend is sufficiently covered by earnings. Research analysts expect Kulicke and Soffa Industries to earn $1.73 per share next year, which means the company should continue to be able to cover its $0.82 annual dividend with an expected future payout ratio of 47.4%.
Kulicke and Soffa Industries Stock Up 0.2%
Shares of KLIC opened at $66.27 on Tuesday. The firm has a market cap of $3.47 billion, a price-to-earnings ratio of -54.27 and a beta of 1.57. The company’s fifty day moving average is $63.66 and its 200-day moving average is $49.55. Kulicke and Soffa Industries has a 12 month low of $26.63 and a 12 month high of $77.50.
Kulicke and Soffa Industries Company Profile
Kulicke & Soffa Industries (NASDAQ:KLIC) is a global supplier of semiconductor and LED assembly equipment. The company specializes in the design, development and manufacture of advanced die bonding, wire bonding, flip-chip bumping and wafer-level packaging systems. Its solutions support a wide range of applications in consumer electronics, automotive, communications and other high-growth segments within the semiconductor and LED industries.
Key products include precision wire bonders for microelectronic packaging, die attach systems for chip placement, flip-chip bonders for advanced packaging architectures and LED packaging platforms that enable high-volume production of automotive and general-illumination LEDs.
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