MALVERN, PA — Vishay Intertechnology, Inc. (NYSE: VSH), a global leader in the manufacture of discrete semiconductors and passive components, this week announced a dividend declaration that is sure to please its investors. The Company’s Board of Directors declared a dividend of $0.10 per share of common stock and Class B common stock.
This dividend will be paid on December 27, 2023, to those who are stockholders of record as of the close of business on December 13, 2023. This move underscores the company’s commitment to delivering shareholder value and rewarding its investors.
Vishay Intertechnology’s consistent dividend payout complements its robust financial performance. With a P/E ratio of 9.06 and an annual dividend of $0.40, the company continues to demonstrate strong financial health.
The announcement comes as part of Vishay Intertechnology’s broader strategy to provide returns to its shareholders. While future dividends will be subject to Board approval, this move signals a positive trend for the company’s investors.
As one of the world’s largest manufacturers of discrete semiconductors and passive components, Vishay Intertechnology’s dividend declaration further solidifies its position in the market, promising attractive returns for its investors while continuing to drive growth and innovation in the semiconductor industry.
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