Power Integrations, Inc. (POWI) to Issue Quarterly Dividend of $0.21 on December 31st

Power Integrations, Inc. (NASDAQ:POWI) declared a quarterly dividend on Wednesday, November 5th. Stockholders of record on Friday, November 28th will be given a dividend of 0.21 per share by the semiconductor company on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Friday, November 28th.

Power Integrations has raised its dividend payment by an average of 0.2%annually over the last three years and has increased its dividend annually for the last 12 consecutive years. Power Integrations has a payout ratio of 42.0% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Power Integrations to earn $1.41 per share next year, which means the company should continue to be able to cover its $0.84 annual dividend with an expected future payout ratio of 59.6%.

Power Integrations Trading Down 7.8%

Shares of NASDAQ:POWI opened at $36.52 on Friday. The stock has a 50 day moving average of $42.42 and a 200 day moving average of $48.64. The company has a market cap of $2.05 billion, a PE ratio of 62.97, a price-to-earnings-growth ratio of 2.71 and a beta of 1.42. Power Integrations has a 12-month low of $34.55 and a 12-month high of $68.86.

Power Integrations (NASDAQ:POWI) last released its earnings results on Wednesday, November 5th. The semiconductor company reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.01. The company had revenue of $118.92 million for the quarter, compared to analysts’ expectations of $118.36 million. Power Integrations had a net margin of 7.59% and a return on equity of 5.86%. The firm’s revenue was up 2.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.40 EPS. Power Integrations has set its Q4 2025 guidance at EPS. Equities research analysts predict that Power Integrations will post 0.93 earnings per share for the current fiscal year.

Insider Activity

In other news, VP Doug Bailey sold 16,989 shares of the firm’s stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $46.41, for a total transaction of $788,459.49. Following the completion of the transaction, the vice president owned 50,798 shares in the company, valued at $2,357,535.18. This trade represents a 25.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Gagan Jain sold 2,036 shares of the business’s stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $46.05, for a total value of $93,757.80. Following the completion of the sale, the vice president owned 18,812 shares in the company, valued at $866,292.60. This represents a 9.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 36,581 shares of company stock valued at $1,701,678 in the last three months. Insiders own 1.40% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Teacher Retirement System of Texas purchased a new stake in Power Integrations during the first quarter valued at $1,452,000. Principal Financial Group Inc. grew its stake in shares of Power Integrations by 0.3% in the 1st quarter. Principal Financial Group Inc. now owns 132,718 shares of the semiconductor company’s stock worth $6,702,000 after buying an additional 440 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Power Integrations by 6.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 289,972 shares of the semiconductor company’s stock worth $14,644,000 after buying an additional 17,905 shares during the last quarter. Allworth Financial LP raised its position in shares of Power Integrations by 257.8% during the 1st quarter. Allworth Financial LP now owns 594 shares of the semiconductor company’s stock valued at $30,000 after buying an additional 428 shares in the last quarter. Finally, Robeco Schweiz AG lifted its holdings in shares of Power Integrations by 1.6% in the 1st quarter. Robeco Schweiz AG now owns 674,328 shares of the semiconductor company’s stock valued at $34,054,000 after acquiring an additional 10,328 shares during the last quarter.

Power Integrations Company Profile

Power Integrations, Inc designs, develops, manufactures, and markets analog and mixed-signal integrated circuits (ICs), and other electronic components and circuitry used in high-voltage power conversion worldwide. The company provides a range of alternating current to direct current power conversion products that address power supply ranging from less than one watt of output to approximately 500 watts of output for mobile-device chargers, consumer appliances, utility meters, LCD monitors, main and standby power supplies for desktop computers and TVs, LED lighting, and various other consumer and industrial applications, as well as power conversion in high-power applications comprising industrial motors, solar and wind-power systems, electric vehicles, and high-voltage DC transmission systems.