|Bid||39.55 x 1800|
|Ask||39.69 x 1200|
|Day's Range||39.26 - 39.84|
|52 Week Range||26.72 - 53.04|
|Beta (5Y Monthly)||1.07|
|PE Ratio (TTM)||13.38|
|Earnings Date||Feb 04, 2021 - Feb 08, 2021|
|Forward Dividend & Yield||1.40 (3.52%)|
|Ex-Dividend Date||Feb 12, 2021|
|1y Target Est||50.50|
Silicon Motion Technology Corporation (NasdaqGS: SIMO) ("Silicon Motion"), a global leader in designing and marketing NAND flash controllers for solid-state storage devices, today announced the SM8266, a complete enterprise-grade 16-channel PCIe 4.0 NVMe hardware plus firmware turnkey SSD controller solution. Customers can rapidly develop and bring to market enterprise SSDs for data centers by using our complete development platform that includes a turnkey NVMe firmware stack and hardware reference design kit.
4 Top Stocks From the Prospering Electronics Industry
On October 26, 2020, Silicon Motion Technology (NASDAQ: SIMO) declared a dividend payable on November 25, 2020 to its shareholders. Silicon Motion Technology also announced that shareholders on the company's books on or before November 12, 2020 are entitled to the dividend. The stock will then go ex-dividend 2 business day(s) before the record date. The ex-dividend date for Silicon Motion Technology will be on November 10, 2020. The company's current dividend payout is at $0.35. That equates to a dividend yield of 3.54% at current price levels.What Is An Ex-Dividend Date? An ex-dividend date is when a company's shares stop trading with its current dividend payout in preparation for the company to announce a new one. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Typically, companies will announce and implement new dividend yields on a quarterly basis.Silicon Motion Technology's Dividend Payouts And Yields Over the past year, Silicon Motion Technology has experienced no change regarding its dividend payouts and an overall upward trend regarding its yields. Last year on May 6, 2020 the company's payout was $0.35, which has returned to its value today. Silicon Motion Technology's dividend yield last year was 3.48%, which has since grown by 0.06%. Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.To read more about Silicon Motion Technology click here.See more from Benzinga * Click here for options trades from Benzinga * Benzinga's Top Upgrades, Downgrades For November 4, 2020 * Earnings Scheduled For November 2, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.