MKS Instruments, Inc. (MKSI) Declares Quarterly Dividend of $0.18

MKS Instruments, Inc. (NASDAQ:MKSI) announced a quarterly dividend on Tuesday, February 13th, RTT News reports. Shareholders of record on Monday, February 26th will be given a dividend of 0.18 per share by the scientific and technical instruments company on Friday, March 9th. This represents a $0.72 annualized dividend and a yield of 0.70%.

MKS Instruments (NASDAQ MKSI) traded up $3.25 during trading on Tuesday, reaching $103.15. 496,300 shares of the company’s stock traded hands, compared to its average volume of 599,741. The stock has a market cap of $5,600.00, a PE ratio of 16.75, a price-to-earnings-growth ratio of 0.99 and a beta of 1.04. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.06 and a current ratio of 4.21. MKS Instruments has a 12 month low of $64.45 and a 12 month high of $110.60.

MKS Instruments (NASDAQ:MKSI) last released its quarterly earnings data on Wednesday, January 31st. The scientific and technical instruments company reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.63 by $0.08. MKS Instruments had a net margin of 17.70% and a return on equity of 22.51%. The company had revenue of $512.00 million during the quarter, compared to analysts’ expectations of $500.22 million. During the same period in the previous year, the company earned $1.05 EPS. The firm’s quarterly revenue was up 26.4% on a year-over-year basis. research analysts predict that MKS Instruments will post 7.6 earnings per share for the current year.

In related news, VP Brian Charles Quirk sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, February 5th. The shares were sold at an average price of $105.10, for a total transaction of $210,200.00. Following the completion of the transaction, the vice president now owns 11,863 shares in the company, valued at approximately $1,246,801.30. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Elizabeth Mora sold 300 shares of the business’s stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $94.10, for a total transaction of $28,230.00. The disclosure for this sale can be found here. Insiders sold a total of 31,139 shares of company stock valued at $3,069,492 in the last ninety days. Corporate insiders own 1.65% of the company’s stock.

MKSI has been the subject of several research reports. BidaskClub cut shares of MKS Instruments from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 2nd. Dougherty & Co upped their price target on shares of MKS Instruments from $106.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday, October 26th. Zacks Investment Research raised shares of MKS Instruments from a “hold” rating to a “strong-buy” rating and set a $119.00 price target for the company in a research report on Tuesday, February 6th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $133.00 price target on shares of MKS Instruments in a research report on Thursday, February 1st. Finally, Deutsche Bank upped their price target on shares of MKS Instruments from $104.00 to $116.00 and gave the stock a “buy” rating in a research report on Thursday, October 26th. Six research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. MKS Instruments presently has a consensus rating of “Buy” and a consensus price target of $116.60.

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About MKS Instruments

MKS Instruments, Inc is a global provider of instruments, subsystems and process control solutions that measures, controls, powers, delivers, monitors and analyzes critical parameters of advanced manufacturing processes. The Company operates through two segments, including the Vacuum & Analysis segment and the Light & Motion segment.

Dividend History for MKS Instruments (NASDAQ:MKSI)

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