MKS Instruments, Inc. to Issue Quarterly Dividend of $0.18 (MKSI)
MKS Instruments, Inc. (NASDAQ:MKSI) declared a quarterly dividend on Tuesday, February 13th, RTT News reports. Investors of record on Monday, February 26th will be given a dividend of 0.18 per share by the scientific and technical instruments company on Friday, March 9th. This represents a $0.72 annualized dividend and a dividend yield of 0.70%.
MKS Instruments (MKSI) traded up $3.25 during midday trading on Tuesday, hitting $103.15. 496,300 shares of the company traded hands, compared to its average volume of 599,741. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.06 and a current ratio of 4.21. The company has a market cap of $5,600.00, a price-to-earnings ratio of 16.75, a PEG ratio of 0.99 and a beta of 1.04. MKS Instruments has a 1 year low of $64.45 and a 1 year high of $110.60.
MKS Instruments (NASDAQ:MKSI) last posted its quarterly earnings data on Wednesday, January 31st. The scientific and technical instruments company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.63 by $0.08. The firm had revenue of $512.00 million during the quarter, compared to analyst estimates of $500.22 million. MKS Instruments had a net margin of 17.70% and a return on equity of 22.51%. MKS Instruments’s revenue was up 26.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.05 EPS. analysts anticipate that MKS Instruments will post 7.6 EPS for the current year.
In other news, Director Elizabeth Mora sold 300 shares of the stock in a transaction on Friday, December 1st. The shares were sold at an average price of $94.10, for a total value of $28,230.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Brian Charles Quirk sold 2,000 shares of the stock in a transaction on Monday, February 5th. The stock was sold at an average price of $105.10, for a total transaction of $210,200.00. Following the completion of the sale, the vice president now owns 11,863 shares in the company, valued at approximately $1,246,801.30. The disclosure for this sale can be found here. Insiders have sold a total of 31,139 shares of company stock worth $3,069,492 in the last 90 days. 1.65% of the stock is currently owned by company insiders.
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About MKS Instruments
MKS Instruments, Inc is a global provider of instruments, subsystems and process control solutions that measures, controls, powers, delivers, monitors and analyzes critical parameters of advanced manufacturing processes. The Company operates through two segments, including the Vacuum & Analysis segment and the Light & Motion segment.
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