Xperi Corp Plans Quarterly Dividend of $0.20 (NASDAQ:XPER)
Xperi Corp (NASDAQ:XPER) declared a quarterly dividend on Wednesday, July 24th, NASDAQ reports. Investors of record on Tuesday, August 27th will be paid a dividend of 0.20 per share by the semiconductor company on Tuesday, September 17th. This represents a $0.80 dividend on an annualized basis and a yield of 4.21%. The ex-dividend date is Monday, August 26th.
Shares of Xperi stock opened at $18.98 on Friday. The stock has a 50 day moving average of $20.55 and a 200 day moving average of $22.26. Xperi has a 12 month low of $12.08 and a 12 month high of $25.84. The firm has a market cap of $993.73 million, a PE ratio of 7.54 and a beta of 0.41. The company has a current ratio of 7.58, a quick ratio of 7.58 and a debt-to-equity ratio of 0.69.
In other news, insider Paul E. Davis sold 6,000 shares of the stock in a transaction that occurred on Thursday, July 25th. The stock was sold at an average price of $22.00, for a total value of $132,000.00. Following the sale, the insider now directly owns 103,904 shares in the company, valued at $2,285,888. The sale was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 1.80% of the company’s stock.
Xperi Company Profile
Xperi Corporation, through its subsidiaries, creates, develops, and licenses audio, imaging, semiconductor packaging, and interconnect technologies in the United States, South Korea, Taiwan, Japan, Europe, the Middle East, and internationally. The company operates in two segments, Product Licensing; and Semiconductor and IP Licensing.
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