Tessera Holding Corporation (XPER) to Issue Quarterly Dividend of $0.20 on September 8th
Tessera Holding Corporation (NASDAQ:XPER) announced a quarterly dividend on Friday, July 28th, Zacks reports. Investors of record on Friday, August 18th will be given a dividend of 0.20 per share by the semiconductor company on Friday, September 8th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.09%. The ex-dividend date is Wednesday, August 16th.
Shares of Tessera Holding Corporation (XPER) opened at 25.90 on Tuesday. Tessera Holding Corporation has a 12-month low of $24.95 and a 12-month high of $45.95. The company has a 50 day moving average of $29.92 and a 200-day moving average of $33.85.
Tessera Holding Corporation (NASDAQ:XPER) last posted its quarterly earnings results on Thursday, July 27th. The semiconductor company reported $0.36 EPS for the quarter, beating the Zacks’ consensus estimate of $0.29 by $0.07. Tessera Holding Corporation had a negative net margin of 12.22% and a positive return on equity of 11.06%. The firm had revenue of $91.32 million for the quarter, compared to analysts’ expectations of $90.33 million. During the same quarter in the prior year, the company posted $0.60 earnings per share. The business’s revenue for the quarter was up 36.3% on a year-over-year basis. Analysts predict that Tessera Holding Corporation will post $1.56 earnings per share for the current year.
Several equities research analysts recently issued reports on XPER shares. Zacks Investment Research cut shares of Tessera Holding Corporation from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 1st. TheStreet cut shares of Tessera Holding Corporation from a “b-” rating to a “c” rating in a report on Monday, May 8th.
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About Tessera Holding Corporation
Tessera Holding Corporation is a product and technology licensing company. The Company’s technologies and intellectual property are deployed, in areas, such as audio, computational imaging, computer vision, mobile computing and communications, memory, data storage, three dimensional (3D) semiconductor interconnect and packaging.
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