Skyworks Solutions Inc (NASDAQ:SWKS) announced a quarterly dividend on Tuesday, November 12th, Zacks reports. Investors of record on Tuesday, December 3rd will be given a dividend of 0.44 per share by the semiconductor manufacturer on Tuesday, December 24th. This represents a $1.76 annualized dividend and a yield of 1.79%. The ex-dividend date is Monday, December 2nd.
SWKS opened at $98.30 on Friday. The business has a 50 day moving average price of $94.17 and a 200 day moving average price of $81.35. Skyworks Solutions has a twelve month low of $60.12 and a twelve month high of $102.87. The firm has a market cap of $16.89 billion, a P/E ratio of 17.36, a price-to-earnings-growth ratio of 1.44 and a beta of 1.06.
Skyworks Solutions (NASDAQ:SWKS) last posted its earnings results on Tuesday, November 12th. The semiconductor manufacturer reported $1.52 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.50 by $0.02. Skyworks Solutions had a return on equity of 24.41% and a net margin of 25.28%. The firm had revenue of $827.00 million during the quarter, compared to analyst estimates of $824.01 million. During the same period in the previous year, the company earned $1.94 EPS. The company’s revenue for the quarter was down 18.0% on a year-over-year basis. On average, research analysts expect that Skyworks Solutions will post 5.84 EPS for the current year.
In other news, Director Timothy R. Furey sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $100.76, for a total transaction of $201,520.00. Following the sale, the director now directly owns 18,824 shares in the company, valued at $1,896,706.24. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Timothy R. Furey sold 3,500 shares of the business’s stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $83.30, for a total value of $291,550.00. Following the sale, the director now owns 20,824 shares in the company, valued at $1,734,639.20. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 131,884 shares of company stock valued at $12,804,697. Corporate insiders own 0.64% of the company’s stock.
About Skyworks Solutions
Skyworks Solutions, Inc, together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products, including intellectual property worldwide. Its product portfolio includes amplifiers, antenna tuners, attenuators, circulators/isolators, DC/DC converters, demodulators, detectors, diodes, directional couplers, diversity receive modules, filters, front-end modules, hybrids, LED drivers, low noise amplifiers, mixers, modulators, optocouplers/optoisolators, phase locked loops, phase shifters, power dividers/combiners, receivers, switches, synthesizers, technical ceramics, voltage controlled oscillators/synthesizers, and voltage regulators.
Recommended Story: What is an inverted yield curve?
Receive News & Ratings for Skyworks Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Skyworks Solutions and related companies with MarketBeat.com's FREE daily email newsletter.