DIVIDEND ANNOUNCEMENT: Power Integrations Inc. (NASDAQ:POWI) on 05/07/2020 declared a dividend of $0.2100 per share

Power Integrations Inc. (NASDAQ:POWI) on 05/07/2020 declared a dividend of $ 0.2100 per share payable on June 30, 2020 to shareholders of record as of May 29, 2020. Dividend amount recorded is an increase of $ 0.02 from last dividend Paid.

Power Integrations Inc. (NASDAQ:POWI) has paid dividends since 2008, has a current dividend yield of 0.8200722337% and has increased its dividends for 7 successive years.

Power Integrations Inc.'s market cap is $ 3,025,577,340 and has a PE ratio of 15.78. The stock price closed yesterday at $ 102.43 and has a 52 week low/high of $ 64.95 and $ 111.56.

Power Integrations designs, develops and markets analog and mixed-signal integrated circuits and other electronic components and circuitry used in high-voltage power conversion. Co.'s products are used in power converters that convert electricity from a high-voltage source to the type of power required for a specified downstream use. In most cases, this conversion entails, among other functions, converting alternating current (AC) to direct current (DC) or vice versa, reducing or increasing the voltage, and regulating the output voltage and/or current according to the customer's specifications. Co.'s products are AC-DC power conversion, High-voltage gate drivers, and Motor-driver products.

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