Cohu Inc. (NASDAQ:COHU) announced a quarterly dividend on Thursday, October 27th. Stockholders of record on Friday, November 18th will be given a dividend of 0.06 per share on Monday, January 2nd. This represents a $0.24 dividend on an annualized basis and a dividend yield of 2.08%. The ex-dividend date is Wednesday, November 16th.

Shares of Cohu (NASDAQ:COHU) opened at 11.53 on Friday. The stock has a 50 day moving average of $11.26 and a 200-day moving average of $11.24. Cohu has a 1-year low of $10.01 and a 1-year high of $13.32. The firm has a market capitalization of $307.98 million, a P/E ratio of 104.82 and a beta of 0.84.

Cohu (NASDAQ:COHU) last announced its quarterly earnings data on Thursday, October 27th. The company reported $0.14 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.06 by $0.08. Cohu had a return on equity of 3.04% and a net margin of 1.06%. The business had revenue of $69.30 million for the quarter, compared to analysts’ expectations of $67.95 million. During the same period in the previous year, the business posted $0.17 EPS. The firm’s quarterly revenue was up 2.7% compared to the same quarter last year. On average, equities analysts expect that Cohu will post $0.50 earnings per share for the current year.

Dividend History for Cohu (NASDAQ:COHU)

Several large investors have recently made changes to their positions in COHU. Guggenheim Capital LLC boosted its stake in shares of Cohu by 0.3% in the second quarter. Guggenheim Capital LLC now owns 11,103 shares of the company’s stock valued at $121,000 after buying an additional 30 shares in the last quarter. Thrivent Financial for Lutherans boosted its stake in shares of Cohu by 6.8% in the second quarter. Thrivent Financial for Lutherans now owns 12,060 shares of the company’s stock valued at $131,000 after buying an additional 770 shares in the last quarter. Arizona State Retirement System boosted its stake in shares of Cohu by 3.1% in the second quarter. Arizona State Retirement System now owns 13,126 shares of the company’s stock valued at $142,000 after buying an additional 400 shares in the last quarter. BlackRock Advisors LLC boosted its stake in shares of Cohu by 15.4% in the third quarter. BlackRock Advisors LLC now owns 14,365 shares of the company’s stock valued at $169,000 after buying an additional 1,915 shares in the last quarter. Finally, Citadel Advisors LLC bought a new stake in shares of Cohu during the third quarter valued at $179,000. Hedge funds and other institutional investors own 86.32% of the company’s stock.

COHU has been the topic of a number of research reports. B. Riley restated a “buy” rating and issued a $14.00 price objective on shares of Cohu in a research note on Wednesday, November 2nd. Zacks Investment Research upgraded Cohu from a “hold” rating to a “buy” rating and set a $12.00 price objective on the stock in a research note on Tuesday, November 1st. Finally, TheStreet cut Cohu from a “buy” rating to a “hold” rating in a research note on Friday, July 29th.

About Cohu

Cohu, Inc is a supplier of semiconductor test and inspection handlers, micro-electro mechanical system (MEMS) test modules, test contactors and thermal sub-systems used by global semiconductor manufacturers and test subcontractors. The Company develops, manufactures, sells and services a line of equipment capable of handling a range of integrated circuits and light-emitting diodes (LEDs).

5 Day Chart for NASDAQ:COHU

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