Himax Technologies, Inc. (HIMX) to Distribute Annual Dividend of $0.25 on July 10th

by · The Cerbat Gem

Himax Technologies, Inc. (NASDAQ:HIMX – Get Free Report) announced an annual dividend on Thursday, May 7th. Shareholders of record on Tuesday, June 30th will be paid a dividend of 0.252 per share by the semiconductor company on Friday, July 10th. This represents a yield of 122.0%. The ex-dividend date of this dividend is Tuesday, June 30th.

Himax Technologies has a dividend payout ratio of 41.4% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Himax Technologies to earn $0.72 per share next year, which means the company should continue to be able to cover its $0.24 annual dividend with an expected future payout ratio of 33.3%.

Himax Technologies Trading Down 4.6%

Shares of HIMX opened at $14.39 on Friday. The company has a current ratio of 1.62, a quick ratio of 1.42 and a debt-to-equity ratio of 0.02. The stock has a market cap of $2.51 billion, a PE ratio of 73.42 and a beta of 2.25. Himax Technologies has a 1 year low of $6.85 and a 1 year high of $25.09. The stock has a 50 day simple moving average of $17.15 and a 200-day simple moving average of $11.43.

Himax Technologies (NASDAQ:HIMX – Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The semiconductor company reported $0.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.02. Himax Technologies had a return on equity of 3.57% and a net margin of 3.91%.The firm had revenue of $199.01 million for the quarter, compared to analysts’ expectations of $195.01 million. During the same period in the prior year, the business posted $0.11 earnings per share. The business’s revenue was down 7.5% compared to the same quarter last year. Himax Technologies has set its Q2 2026 guidance at 0.086-0.103 EPS. On average, sell-side analysts predict that Himax Technologies will post 0.4 EPS for the current fiscal year.

Institutional Investors Weigh In On Himax Technologies

A number of institutional investors have recently modified their holdings of the business. Natixis Advisors LLC grew its stake in Himax Technologies by 5.6% during the third quarter. Natixis Advisors LLC now owns 27,132 shares of the semiconductor company’s stock worth $240,000 after buying an additional 1,432 shares in the last quarter. Cetera Investment Advisers boosted its holdings in shares of Himax Technologies by 11.0% in the 4th quarter. Cetera Investment Advisers now owns 17,188 shares of the semiconductor company’s stock valued at $141,000 after purchasing an additional 1,700 shares in the last quarter. Ameriflex Group Inc. increased its stake in shares of Himax Technologies by 100.0% in the 3rd quarter. Ameriflex Group Inc. now owns 3,600 shares of the semiconductor company’s stock valued at $32,000 after purchasing an additional 1,800 shares during the last quarter. Waverly Advisors LLC increased its stake in shares of Himax Technologies by 11.5% in the 1st quarter. Waverly Advisors LLC now owns 18,065 shares of the semiconductor company’s stock valued at $142,000 after purchasing an additional 1,862 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of Himax Technologies by 2.2% during the 4th quarter. Geode Capital Management LLC now owns 102,534 shares of the semiconductor company’s stock worth $840,000 after buying an additional 2,183 shares in the last quarter. Institutional investors own 69.81% of the company’s stock.

About Himax Technologies

(Get Free Report)

Himax Technologies, Inc (NASDAQ: HIMX) is a fabless semiconductor company specializing in display imaging technologies. The company designs and develops a comprehensive portfolio of display driver integrated circuits (DDICs), timing controllers, and other high-speed interface chips that enable high-resolution panels for a wide array of electronic devices. Himax’s solutions are tailored to support both LCD and OLED displays, ensuring compatibility with television sets, desktop monitors, laptops, tablets, smartphones and wearable devices.

In addition to core display driver products, Himax offers wafer-level optics and liquid crystal on silicon (LCOS) microdisplay solutions for applications in augmented reality (AR) and virtual reality (VR) headsets.

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