Maxim Integrated Products, Inc. ( MXIM ) will begin trading ex-dividend on November 28, 2018. A cash dividend payment of $0.46 per share is scheduled to be paid on December 13, 2018. Shareholders who purchased MXIM prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 27.78% increase over prior dividend payment. At the current stock price of $53.38, the dividend yield is 3.45%.
The previous trading day's last sale of MXIM was $53.38, representing a -28.77% decrease from the 52 week high of $74.94 and a 13.94% increase over the 52 week low of $46.85.
MXIM is a part of the Technology sector, which includes companies such as Intel Corporation ( INTC ) and Taiwan Semiconductor Manufacturing Company Ltd. ( TSM ). MXIM's current earnings per share, an indicator of a company's profitability, is $1.79. Zacks Investment Research reports MXIM's forecasted earnings growth in 2019 as -.18%, compared to an industry average of .1%.
Interested in gaining exposure to MXIM through an Exchange Traded Fund [ETF]?
The following ETF(s) have MXIM as a top-10 holding:
- First Trust Nasdaq Semiconductor ETF ( FTXL )
- SPDR S&P Semiconductor ETF ( XSD )
- First Trust US Equity Dividend Select ETF ( RNDV ).
The top-performing ETF of this group is RNDV with an increase of 0.57% over the last 100 days. FTXL has the highest percent weighting of MXIM at 4.12%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of NASDAQ, Inc.