STMicroelectronics NV (NYSE:STM) announced a quarterly dividend on Thursday, February 8th, Wall Street Journal reports. Stockholders of record on Tuesday, March 20th will be given a dividend of 0.06 per share by the semiconductor producer on Tuesday, March 27th. This represents a $0.24 annualized dividend and a dividend yield of 1.00%. The ex-dividend date of this dividend is Monday, March 19th.

STMicroelectronics has decreased its dividend payment by an average of 15.7% per year over the last three years. STMicroelectronics has a payout ratio of 21.7% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect STMicroelectronics to earn $1.66 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 12.0%.

Shares of STMicroelectronics (NYSE STM) opened at $23.92 on Wednesday. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.52 and a quick ratio of 1.86. The company has a market cap of $22,047.15, a PE ratio of 25.09, a PEG ratio of 3.68 and a beta of 0.75. STMicroelectronics has a twelve month low of $14.07 and a twelve month high of $25.30.

STMicroelectronics (NYSE:STM) last posted its quarterly earnings data on Thursday, January 25th. The semiconductor producer reported $0.41 EPS for the quarter, topping the consensus estimate of $0.35 by $0.06. The firm had revenue of $2.47 billion during the quarter, compared to analyst estimates of $2.36 billion. STMicroelectronics had a net margin of 9.62% and a return on equity of 17.55%. STMicroelectronics’s revenue was up 32.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.13 EPS. sell-side analysts expect that STMicroelectronics will post 1.34 earnings per share for the current year.

Several research analysts recently commented on the stock. ValuEngine upgraded shares of STMicroelectronics from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Vetr lowered shares of STMicroelectronics from a “buy” rating to a “hold” rating and set a $25.44 price objective for the company. in a research note on Monday. Kepler Capital Markets upgraded shares of STMicroelectronics from a “reduce” rating to a “hold” rating in a research note on Friday, January 26th. Credit Suisse Group upgraded shares of STMicroelectronics from a “neutral” rating to a “buy” rating in a research note on Thursday, January 11th. Finally, Craig Hallum reiterated a “buy” rating and set a $30.00 price objective (up previously from $26.00) on shares of STMicroelectronics in a research note on Thursday, January 25th. Four analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $23.39.

ILLEGAL ACTIVITY WARNING: “STMicroelectronics NV (STM) Declares $0.06 Quarterly Dividend” was published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this piece of content on another domain, it was stolen and reposted in violation of international copyright & trademark laws. The correct version of this piece of content can be accessed at

About STMicroelectronics

STMicroelectronics N.V. is a global semiconductor company that designs, develops, manufactures and markets a range of products, including discrete and standard commodity components, and application-specific integrated circuits (ASICs) for analog, digital and mixed-signal applications. The Company’s segments include Automotive and Discrete Group (ADG), Analog and MEMS Group (AMG), Microcontrollers and Digital ICs Group (MDG), and Others.

Dividend History for STMicroelectronics (NYSE:STM)

Receive News & Ratings for STMicroelectronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for STMicroelectronics and related companies with's FREE daily email newsletter.