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MALVERN, Pa. - Vishay Intertechnology, Inc. (NYSE:VSH), a prominent global manufacturer of discrete semiconductors and passive electronic components, announced a dividend payment scheduled for late March. The company’s Board of Directors has declared a dividend of $0.10 per share for both common stock and Class B common stock, maintaining its current annual dividend yield of 2.32%. The declared dividend is to be paid on March 27, 2025, to shareholders on record as of March 13, 2025. According to InvestingPro, VSH has maintained dividend payments for 11 consecutive years, demonstrating consistent shareholder returns.
The decision for future dividends remains at the discretion of the Board, contingent on their approval. Vishay’s product portfolio serves a diverse range of sectors, including automotive, industrial, computing, consumer, telecommunications, military, aerospace, and medical markets. The company is recognized for its role in powering technological innovation across these industries. With a strong current ratio of 2.7, InvestingPro data shows that Vishay’s liquid assets comfortably exceed its short-term obligations, indicating solid financial stability.
Vishay Intertechnology, which is part of the Fortune 1,000 list, emphasizes that the statements regarding future dividends are forward-looking and subject to various risks and uncertainties. These include changes in economic conditions, manufacturing disruptions, shifts in customer demand, foreign exchange rates, competition, and regulatory changes, among others. The company cautions that actual results could differ materially from those projected due to these factors.
The information for this announcement is based on a press release statement from Vishay Intertechnology, Inc. As a publicly traded entity on the New York Stock Exchange under the ticker symbol VSH, Vishay maintains transparency about its business operations and financial decisions. The dividend declaration is a key point of interest for shareholders and potential investors, reflecting the company’s current financial strategy and commitment to providing shareholder value.
In other recent news, Vishay Intertechnology has seen a flurry of activity. The company has launched its new TSM3 series of multi-turn, surface-mount cermet trimmers, designed for industrial, consumer, and telecom applications operating in harsh conditions. Vishay also announced significant changes to its executive team, appointing Roy Shoshani as the Executive Vice President – Chief Operating Officer of Semiconductors and Chief Technical Officer.
In addition, Vishay has expanded the resistance range for its AEC-Q200 qualified thin film MELF resistors, now available with enhanced precision features. JPMorgan initiated coverage on Vishay with a Neutral rating, pointing out that the company’s recovery in its core automotive and industrial markets has been slower than expected.
Further, Vishay announced the release of a new solid-state relay, the VOR1060M4, designed for fast switching in various applications. These are recent developments that show the company’s continuous efforts to innovate and adapt in its industry.
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