Semiconductor companies are all the rage recently due to their resilience in a tepid market. If we add in the decent dividends, it is going to make income growth investors take notice.
And here are 3 semiconductor companies with delicious dividend yields you can pay attention to.
#1 Frencken Group Ltd
Frencken Group Limited is a global high-tech capital and consumer equipment service provider. The Group serves customers in Europe, Asia and the USA through a global network of operating subsidiaries. Frencken has two main divisions – Mechatronics Division & Integrated Manufacturing Services (IMS) Division.
As of the latest annual report, Frencken’s revenue increased by 5.3% to $659.2 million. Net profit
increased subtantially by 41.1% to $ 42.3 million. Free cash flow improved drastically from 2018’s $0.8 million to $79.6 million.
As a result, cash balance jumped to $122.4 million. The Group has a dividend payout ratio of 30% which amounted to 3 cents/share. A noteworthy point is that the group’s dividend/share has
increased by 300% from 2015.
Frencken last closed at $0.86, which values it at a P/E ratio of 9.08 and dividend yield of 3.5%....