Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Announces $0.21 Quarterly Dividend

Kulicke and Soffa Industries, Inc. (NASDAQ:KLICGet Free Report) announced a quarterly dividend on Tuesday, March 3rd. Investors of record on Thursday, March 19th will be given a dividend of 0.205 per share by the semiconductor company on Wednesday, April 8th. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Thursday, March 19th.

Kulicke and Soffa Industries has raised its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 7 consecutive years. Kulicke and Soffa Industries has a payout ratio of 53.6% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Kulicke and Soffa Industries to earn $1.73 per share next year, which means the company should continue to be able to cover its $0.82 annual dividend with an expected future payout ratio of 47.4%.

Kulicke and Soffa Industries Price Performance

KLIC opened at $66.14 on Tuesday. Kulicke and Soffa Industries has a one year low of $26.63 and a one year high of $77.50. The business has a 50 day simple moving average of $63.66 and a two-hundred day simple moving average of $49.55. The firm has a market capitalization of $3.46 billion, a price-to-earnings ratio of -54.66 and a beta of 1.57.

Kulicke and Soffa Industries (NASDAQ:KLICGet Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The semiconductor company reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.11. The firm had revenue of $199.63 million for the quarter, compared to analyst estimates of $190.03 million. Kulicke and Soffa Industries had a negative return on equity of 1.13% and a negative net margin of 9.40%.The business’s quarterly revenue was up 20.2% compared to the same quarter last year. During the same period last year, the company earned $0.37 EPS. Kulicke and Soffa Industries has set its Q2 2026 guidance at 0.600-0.740 EPS. As a group, sell-side analysts expect that Kulicke and Soffa Industries will post 0.93 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on KLIC. Needham & Company LLC lifted their price target on shares of Kulicke and Soffa Industries from $64.00 to $70.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Weiss Ratings cut shares of Kulicke and Soffa Industries from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, February 6th. DA Davidson reaffirmed a “buy” rating and set a $55.00 target price on shares of Kulicke and Soffa Industries in a research note on Friday, November 21st. B. Riley Financial reiterated a “neutral” rating and set a $39.00 price target (up from $35.00) on shares of Kulicke and Soffa Industries in a research report on Friday, November 21st. Finally, Zacks Research raised shares of Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Kulicke and Soffa Industries currently has an average rating of “Moderate Buy” and a consensus target price of $50.50.

Check Out Our Latest Stock Report on Kulicke and Soffa Industries

Kulicke and Soffa Industries Company Profile

(Get Free Report)

Kulicke & Soffa Industries (NASDAQ:KLIC) is a global supplier of semiconductor and LED assembly equipment. The company specializes in the design, development and manufacture of advanced die bonding, wire bonding, flip-chip bumping and wafer-level packaging systems. Its solutions support a wide range of applications in consumer electronics, automotive, communications and other high-growth segments within the semiconductor and LED industries.

Key products include precision wire bonders for microelectronic packaging, die attach systems for chip placement, flip-chip bonders for advanced packaging architectures and LED packaging platforms that enable high-volume production of automotive and general-illumination LEDs.

See Also

Dividend History for Kulicke and Soffa Industries (NASDAQ:KLIC)

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