GlobalFoundries Inc. (NASDAQ:GFS) Declares $0.12 Quarterly Dividend

GlobalFoundries Inc. (NASDAQ:GFSGet Free Report) declared a quarterly dividend on Thursday, May 7th. Shareholders of record on Wednesday, June 24th will be given a dividend of 0.12 per share on Tuesday, July 14th. This represents a c) dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Wednesday, June 24th.

GlobalFoundries Stock Up 2.7%

GFS traded up $1.94 during mid-day trading on Friday, reaching $72.87. 2,513,193 shares of the stock were exchanged, compared to its average volume of 4,107,659. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.95 and a current ratio of 2.59. The stock has a market capitalization of $40.54 billion, a PE ratio of 52.55, a price-to-earnings-growth ratio of 2.83 and a beta of 1.71. The company has a 50 day moving average price of $50.25 and a two-hundred day moving average price of $42.88. GlobalFoundries has a 1 year low of $31.51 and a 1 year high of $76.37.

GlobalFoundries (NASDAQ:GFSGet Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.40 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.05. The business had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.63 billion. GlobalFoundries had a return on equity of 6.85% and a net margin of 11.40%.GlobalFoundries’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same period last year, the company posted $0.34 earnings per share. GlobalFoundries has set its Q2 2026 guidance at 0.250-0.350 EPS. As a group, research analysts anticipate that GlobalFoundries will post 1.38 EPS for the current year.

About GlobalFoundries

(Get Free Report)

GlobalFoundries, Inc (NASDAQ: GFS) is a leading contract semiconductor manufacturer that provides wafer fabrication and related services to semiconductor companies and systems manufacturers. The company operates as a pure-play foundry, producing integrated circuits across a range of process technologies for customers in markets such as automotive, communications, consumer electronics, industrial, and aerospace. Its service offering spans process development, manufacturing, test and packaging support, and design enablement including process design kits (PDKs) and intellectual property (IP) libraries to help customers bring designs to production.

GlobalFoundries focuses on a portfolio of differentiated and specialty process nodes, offering technologies for radio-frequency (RF) and wireless, analog and mixed-signal, power management, embedded non-volatile memory, and silicon-on-insulator (SOI) process families.

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