Power Integrations, Inc. (NASDAQ:POWI) Updates On Quarterly Dividend


As per Power Integrations, Inc. (NASDAQ:POWI) statement on 2016-08-01, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.13 per share as dividend to stakeholders. The record date is set as 2016-08-31, the payout date as 2016-09-30 and the ex-dividend date is 2016-08-29.

Last fiscal Power Integrations, Inc. (NASDAQ:POWI) disbursed cash dividend of $0.13. A year ago, the payout was $0.13, which indicates a difference of 9.0909%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.13, implying 19.1358% growth.

For the period ended on 2015-12-31, Power Integrations, Inc. (NASDAQ:POWI)’s earnings came at $0.43 per share compared to EPS of $0.44 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-26. For this quarter, the analysts have earnings estimate of $0.46 per share.

The interim price target for Power Integrations, Inc. (NASDAQ:POWI) is set at $64. This level is the mean price reached by averaging the stock views of 2 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Power Integrations, Inc. (NASDAQ:POWI) is seen at $65 and the lowest level is established at $63. This broad range highlights a standard deviation of $1.414 in reported estimates.

Shares of the Power Integrations, Inc. (NASDAQ:POWI) traded in the range of $56.31 to $57.16 and closed the last trading session at $57.01 on a volume of ((Volume:238}}.

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