MKS Inc. (NASDAQ:MKSI) Declares $0.25 Quarterly Dividend

MKS Inc. (NASDAQ:MKSI) announced a quarterly dividend on Tuesday, August 4th. Shareholders of record on Tuesday, August 25th will be given a dividend of 0.25 per share by the scientific and technical instruments company on Thursday, September 3rd. This represents a c) dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Tuesday, August 25th.

MKS has increased its dividend payment by an average of 0.0%annually over the last three years. MKS has a dividend payout ratio of 12.3% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect MKS to earn $15.75 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 6.3%.

MKS Stock Performance

Shares of NASDAQ MKSI opened at $320.76 on Wednesday. The stock has a fifty day moving average price of $349.12 and a two-hundred day moving average price of $287.62. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.70 and a current ratio of 1.11. The firm has a market cap of $21.66 billion, a P/E ratio of 67.10, a PEG ratio of 0.83 and a beta of 1.98. MKS has a 1 year low of $88.49 and a 1 year high of $447.62.

MKS (NASDAQ:MKSI) last issued its quarterly earnings results on Wednesday, May 6th. The scientific and technical instruments company reported $2.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.00 by $0.30. MKS had a return on equity of 21.49% and a net margin of 8.06%.The company had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.05 billion. During the same period last year, the firm earned $1.71 EPS. The firm’s revenue for the quarter was up 15.2% on a year-over-year basis. Research analysts forecast that MKS will post 11.81 EPS for the current fiscal year.

MKS Company Profile

MKS Instruments, Inc (NASDAQ: MKSI) designs, manufactures and markets technology solutions that enable advanced processes in a variety of high‐technology and industrial markets. The company’s core offerings include vacuum and gas delivery systems, pressure and flow measurement instruments, optical metrology tools, photonics subsystems and critical components for manufacturing processes. These products support the precise control and monitoring needs of semiconductor, industrial manufacturing, life and health sciences, and research applications.

The company’s product portfolio features mass flow controllers, pressure transducers, vacuum gauges, gas purity monitors, laser-based metrology systems and photonic devices such as lasers and detectors.