DIVIDEND ANNOUNCEMENT: Power Integrations Inc. (NASDAQ:POWI) on 02/04/2022 declared a dividend of $0.1800 per share

Power Integrations Inc. (NASDAQ:POWI) on 02/04/2022 declared a dividend of $ 0.1800 per share payable on March 31, 2022 to shareholders of record as of February 28, 2022. Dividend amount recorded is an increase of $ 0.03 from last dividend Paid.

Power Integrations Inc. (NASDAQ:POWI) has paid dividends since 2008, has a current dividend yield of 0.9098951817% and has increased its dividends for 9 successive years.

Power Integrations Inc.'s market cap is $ 4,774,071,160 and has a PE ratio of 32.04. The stock price closed yesterday at $ 79.13 and has a 52 week low/high of $ 72.50 and $ 110.66.

Power Integrations designs, develops and markets analog and mixed-signal integrated circuits (ICs) 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. Co.'s products are ICs used in alternating current (AC) to direct current (DC) power supplies, which convert the high-voltage AC from a wall outlet to the low-voltage DC required by electronic devices. Co. also supplies high-voltage LED drivers, which are AC-DC ICs designed for lighting applications that utilize light-emitting diodes.

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