BE Semiconductor Industries (OTCMKTS:BESIY) Announces Dividend Increase – $2.00 Per Share

BE Semiconductor Industries (OTCMKTS:BESIY) declared a dividend on Saturday, March 29th, NASDAQ Dividends reports. Stockholders of record on Monday, April 28th will be given a dividend of 2.0024 per share by the technology company on Monday, May 5th. The ex-dividend date is Monday, April 28th. This is a 3.0% increase from BE Semiconductor Industries’s previous dividend of $1.94.

BE Semiconductor Industries Trading Down 1.2 %

OTCMKTS:BESIY traded down $1.36 during midday trading on Friday, reaching $109.35. 15,308 shares of the stock traded hands, compared to its average volume of 3,049. BE Semiconductor Industries has a 12 month low of $102.70 and a 12 month high of $185.00. The company has a debt-to-equity ratio of 1.13, a quick ratio of 6.12 and a current ratio of 6.86. The company has a fifty day moving average of $121.35 and a 200 day moving average of $124.27. The stock has a market capitalization of $7.93 billion, a P/E ratio of 43.92 and a beta of 1.76.

BE Semiconductor Industries (OTCMKTS:BESIY) last issued its quarterly earnings data on Thursday, February 20th. The technology company reported $0.79 EPS for the quarter. The business had revenue of $163.66 million during the quarter. BE Semiconductor Industries had a net margin of 29.92% and a return on equity of 39.31%. On average, research analysts predict that BE Semiconductor Industries will post 4.56 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on BESIY. Needham & Company LLC downgraded shares of BE Semiconductor Industries from a “moderate buy” rating to a “hold” rating in a research note on Monday, January 13th. UBS Group upgraded shares of BE Semiconductor Industries from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 7th.

About BE Semiconductor Industries

BE Semiconductor Industries N.V. engages in the development, manufacture, marketing, sale, and service of semiconductor assembly equipment for the semiconductor and electronics industries in China, the United States, Malaysia, Ireland, Korea, Taiwan, Thailand, Other Asia Pacific and Europe, and internationally.