Trump meets Zelenskiy, says Putin wants war to end, mulls trilateral talks
DENVER - Advanced Energy Industries, Inc. (NASDAQ:AEIS), a $5.29 billion market cap company trading near its 52-week high of $145.52, announced Monday that its board of directors has authorized a quarterly cash dividend of $0.10 per share, representing a 0.28% yield.
The dividend will be payable on September 5, 2025, to shareholders of record as of August 25, 2025, according to a company press release.
Advanced Energy, which specializes in precision power conversion, measurement, and control solutions, noted that future dividend declarations, as well as record and payment dates, remain subject to review and approval by the board of directors.
The company, headquartered in Denver, Colorado, serves various industries including semiconductor equipment, industrial production, medical and life sciences, and data center computing. With 8 analysts recently revising earnings estimates upward, InvestingPro subscribers can access 12 additional exclusive insights about Advanced Energy’s growth prospects and financial performance.
In other recent news, Advanced Energy Industries reported strong financial results for the first quarter of 2025, exceeding analysts’ expectations. The company achieved earnings per share of $1.23, surpassing the forecasted $0.99, and reported revenue of $405 million, which was higher than the anticipated $392.36 million. Following these results, Stifel analysts adjusted their financial outlook for Advanced Energy, reducing the price target to $130 from $135, while maintaining a Buy rating. The revision was influenced by robust sales in the semiconductor capital equipment sector and a surge in datacenter growth due to increased demand from hyperscale clients. Benchmark also reiterated its Buy rating on Advanced Energy, citing strong growth prospects in the artificial intelligence and datacenter sectors. The firm highlighted a projected 40% increase in hyperscale capital expenditure by 2025, driven by AI and datacenter spending. These developments indicate a positive outlook for Advanced Energy’s future performance.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.