At the end of today, December 12, 2023, Skyworks Solutions SWKS will distribute a dividend payout of $0.68 per share, translating to an annualized dividend yield of 3.12%. Shareholders who held the stock before the ex-dividend date on November 20, 2023 will benefit from this payout.
Skyworks Solutions Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-11-20 | 4 | $0.68 | 3.12% | 2023-11-02 | 2023-11-21 | 2023-12-12 |
| 2023-08-28 | 4 | $0.68 | 2.49% | 2023-08-07 | 2023-08-29 | 2023-09-19 |
| 2023-05-26 | 4 | $0.62 | 2.38% | 2023-05-08 | 2023-05-30 | 2023-06-20 |
| 2023-02-27 | 4 | $0.62 | 2.2% | 2023-02-06 | 2023-02-28 | 2023-03-21 |
| 2022-11-21 | 4 | $0.62 | 2.97% | 2022-11-03 | 2022-11-22 | 2022-12-13 |
| 2022-08-24 | 4 | $0.62 | 2.22% | 2022-08-04 | 2022-08-25 | 2022-09-15 |
| 2022-05-23 | 4 | $0.56 | 1.89% | 2022-05-03 | 2022-05-24 | 2022-06-14 |
| 2022-02-18 | 4 | $0.56 | 1.51% | 2022-02-03 | 2022-02-22 | 2022-03-15 |
| 2021-11-22 | 4 | $0.56 | 1.29% | 2021-11-04 | 2021-11-23 | 2021-12-14 |
| 2021-08-16 | 4 | $0.56 | 1.17% | 2021-07-29 | 2021-08-17 | 2021-09-07 |
| 2021-05-17 | 4 | $0.5 | 1.02% | 2021-04-29 | 2021-05-18 | 2021-06-08 |
| 2021-02-12 | 4 | $0.5 | 1.28% | 2021-01-28 | 2021-02-16 | 2021-03-09 |
When comparing Skyworks Solutions's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer United Microelectronics UMC having the highest annualized dividend yield at 7.42%.
Analyzing Skyworks Solutions Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
From 2019 to 2022, the company's dividend per share showed a positive trend, increasing steadily from $1.64 in 2019 to $2.36 in 2022. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.
YoY Earnings Growth For Skyworks Solutions
The earnings chart above shows that from 2019 to 2022, Skyworks Solutions has experienced an increase in their earnings from $6.17 per share to $11.23 per share. This positive earnings trend is promising for income-seeking investors as it suggests that the company has more potential to increase its cash dividend payout if the trend continues.
Recap
In this article, we delve into Skyworks Solutions's recent dividend payout and examine how it impacts shareholders. The company has announced a dividend distribution of $0.68 per share today, resulting in an annualized dividend yield of 3.12%.
When comparing Skyworks Solutions's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer United Microelectronics having the highest annualized dividend yield at 7.42%.
The upward trend in dividend per share and earnings per share for Skyworks Solutions from 2019 to 2022 reflects a strong financial position, supporting the company's ability to consistently distribute profits to their investors.
Keeping a vigilant eye on the company's performance in the coming quarters will allow investors to stay current with any variations in financials or dividend disbursements.
\To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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