Advanced Energy Industries, Inc. (AEIS) To Go Ex-Dividend on November 23rd

Advanced Energy Industries, Inc. (NASDAQ:AEIS) declared a quarterly dividend on Wednesday, November 4th. Shareholders of record on Monday, November 23rd will be given a dividend of $0.10 per share by the electronics maker on Friday, December 4th. This represents a $0.40 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Monday, November 23rd.

Advanced Energy Industries has a dividend payout ratio of 6.3% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Advanced Energy Industries to earn $13.15 per share next year, which means the company should continue to be able to cover its $0.40 annual dividend with an expected future payout ratio of 3.0%.

Advanced Energy Industries Stock Down 12.2%

AEIS opened at $185.66 on Friday. Advanced Energy Industries has a twelve month low of $178.37 and a twelve month high of $397.44. The company’s 50-day moving average price is $261.91 and its two-hundred day moving average price is $306.57. The stock has a market cap of $7.52 billion, a price-to-earnings ratio of 26.71, a PEG ratio of 0.43 and a beta of 1.38. The company has a quick ratio of 2.94, a current ratio of 3.62 and a debt-to-equity ratio of 0.71.

Advanced Energy Industries (NASDAQ:AEIS) last issued its quarterly earnings results on Monday, November 2nd. The electronics maker reported $3.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.04 by $0.61. Advanced Energy Industries had a net margin of 12.72% and a return on equity of 24.95%. The company had revenue of $696.40 million during the quarter, compared to analyst estimates of $644.85 million. During the same quarter last year, the business posted $1.74 EPS. Advanced Energy Industries’s quarterly revenue was up 50.3% compared to the same quarter last year. As a group, equities analysts expect that Advanced Energy Industries will post 9.70 earnings per share for the current year.

About Advanced Energy Industries

Advanced Energy Industries, Inc develops and manufactures precision power-conversion, measurement and control technologies. Its products are designed to regulate, transform and deliver electrical power with high levels of accuracy and reliability in demanding industrial applications.

The company’s portfolio includes direct-current and alternating-current power supplies, radio-frequency power systems, high-voltage power supplies, thermal-management equipment, power control modules, and measurement and control instruments.