Power Integrations hikes dividend by 11.8%
Power Integrations (POWI) will raise its quarterly dividend by another 11.8 percent to $0.19 per share in 2019. This brings the total dividend increase to 3 cents (18.8 percent) this year.
The next dividend will be paid on December 31, 2019 to stockholders of record as of November 29, 2019. A new annual rate of 76 cents yields 0.8% at a stock price of $93.
Power Integrations, Inc. provides semiconductor technologies for high-voltage power conversion. The company’s products are key building blocks in the clean-power ecosystem, enabling the generation of renewable energy as well as the efficient transmission and consumption of power in applications ranging from milliwatts to megawatts.
The next dividend will be paid on December 31, 2019 to stockholders of record as of November 29, 2019. A new annual rate of 76 cents yields 0.8% at a stock price of $93.
Power Integrations, Inc. provides semiconductor technologies for high-voltage power conversion. The company’s products are key building blocks in the clean-power ecosystem, enabling the generation of renewable energy as well as the efficient transmission and consumption of power in applications ranging from milliwatts to megawatts.
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