The semiconductor industry looks poised to recover after grappling with a downturn for the past two years. Excess inventory has pushed revenue and profits down this year but this is set to change. The World Semiconductor Trade Statistics (WSTS) is projecting a 12.5% year-on-year (YOY) increase in the global semiconductor market in 2025. Higher sales lead to higher profits — and for investors, the chance for higher dividends. Here are three companies that might benefit from this recovery and increase their dividends in the next few years. Micro-Mechanics (Holdings) Ltd (SGX: 5DD): A Generous Payout Micro-Mechanics designs, manufactures and markets high-precision parts and tools used in process-critical applications for the semiconductor and other high-technology industries. For the fiscal year (FY) 2024 ending 30 June, its revenue decreased by 13.6% YOY to S$57.9 million. As a result, net profit fell by 17.7% YOY to S$8.0 million. On a per-share basis, earnings per share declined by 17.8% YOY to S$0.0578. Despite the weaker performance, Micro-Mechanics continues to share...