Advanced Semiconductor Engineering, Inc. (NYSE:ASX) declared a None dividend on Thursday, September 7th, Zacks reports. Stockholders of record on Friday, August 11th will be paid a dividend of 0.164 per share by the semiconductor company on Friday, September 15th. The ex-dividend date of this dividend is Wednesday, August 9th.

Advanced Semiconductor Engineering has increased its dividend by an average of 15.0% annually over the last three years. Advanced Semiconductor Engineering has a payout ratio of 36.4% meaning its dividend is sufficiently covered by earnings. Research analysts expect Advanced Semiconductor Engineering to earn $0.49 per share next year, which means the company should continue to be able to cover its $0.16 annual dividend with an expected future payout ratio of 32.7%.

Advanced Semiconductor Engineering (NYSE ASX) opened at 6.19 on Friday. The stock has a market capitalization of $10.05 billion, a price-to-earnings ratio of 13.91 and a beta of 0.52. Advanced Semiconductor Engineering has a 12 month low of $4.89 and a 12 month high of $6.70. The stock’s 50 day moving average is $6.30 and its 200-day moving average is $6.30.

Advanced Semiconductor Engineering (NYSE:ASX) last issued its quarterly earnings data on Friday, July 28th. The semiconductor company reported $0.15 EPS for the quarter, topping the consensus estimate of $0.08 by $0.07. Advanced Semiconductor Engineering had a net margin of 8.48% and a return on equity of 14.06%. The firm had revenue of $2.18 billion for the quarter. On average, equities research analysts expect that Advanced Semiconductor Engineering will post $0.44 earnings per share for the current year.

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A number of equities research analysts have issued reports on ASX shares. BidaskClub upgraded shares of Advanced Semiconductor Engineering from a “sell” rating to a “hold” rating in a report on Saturday, July 1st. Zacks Investment Research upgraded shares of Advanced Semiconductor Engineering from a “sell” rating to a “hold” rating in a report on Wednesday, June 28th.

A hedge fund recently raised its stake in Advanced Semiconductor Engineering stock. State Street Corp boosted its holdings in shares of Advanced Semiconductor Engineering, Inc. (NYSE:ASX) by 3.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 355,216 shares of the semiconductor company’s stock after buying an additional 10,563 shares during the quarter. State Street Corp’s holdings in Advanced Semiconductor Engineering were worth $2,242,000 as of its most recent SEC filing. 5.85% of the stock is owned by institutional investors.

About Advanced Semiconductor Engineering

Advanced Semiconductor Engineering, Inc is a provider of semiconductor packaging and testing services. The Company offers a range of semiconductors packaging, testing and electronic manufacturing services (EMS). The Company’s segments include Packaging, Testing, EMS and Others. The Company provides services in packaging bare semiconductors into finished semiconductors with a range of electrical and thermal characteristics, as well as testing services, including front-end engineering testing, wafer probing and final testing services.

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