Chipmos Technologies (IMOS) To Go Ex-Dividend on June 29th

Chipmos Technologies (NASDAQ:IMOS) declared an annual dividend on Tuesday, May 26th. Investors of record on Monday, June 29th will be given a dividend of 0.7826 per share by the semiconductor company on Friday, July 24th. This represents a dividend yield of 142.0%. The ex-dividend date of this dividend is Monday, June 29th. This is a 27.6% increase from Chipmos Technologies’s previous annual dividend of $0.61.

Chipmos Technologies has decreased its dividend by an average of 0.1%per year over the last three years. Chipmos Technologies has a dividend payout ratio of 38.3% meaning its dividend is sufficiently covered by earnings.

Chipmos Technologies Stock Performance

IMOS opened at $56.72 on Thursday. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.40 and a quick ratio of 2.08. The firm has a fifty day moving average price of $45.15 and a 200 day moving average price of $37.61. Chipmos Technologies has a 1 year low of $15.06 and a 1 year high of $61.27. The stock has a market cap of $2.00 billion, a P/E ratio of 77.17 and a beta of 1.16.

Chipmos Technologies (NASDAQ:IMOS) last posted its earnings results on Tuesday, February 24th. The semiconductor company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.12. The firm had revenue of $207.78 million during the quarter, compared to analysts’ expectations of $6.50 billion. Chipmos Technologies had a net margin of 3.05% and a return on equity of 3.28%. The business’s revenue was up 26.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.19 EPS.

Chipmos Technologies Company Profile

ChipMOS Technologies Inc is a Taiwan‐based provider of outsourced semiconductor assembly, testing and packaging services. The company offers a comprehensive range of back‐end solutions including wafer probing, assembly, surface mount and final test services for memory chips, microcontrollers, system‐on‐chips and other integrated circuits. ChipMOS serves customers in the consumer electronics, communications, industrial and automotive markets by delivering reliable testing and packaging support to semiconductor fabless companies and foundries.

Founded in 1997 and headquartered in Hsinchu, Taiwan, ChipMOS operates multiple production facilities across Asia, including sites in Taoyuan (Taiwan), Guangdong Province (China) and Singapore.