DIVIDEND ANNOUNCEMENT: Power Integrations Inc. (NASDAQ:POWI) on 11/07/2023 declared a dividend of $0.2000 per share

Power Integrations Inc. (NASDAQ:POWI) on 11/07/2023 declared a dividend of $ 0.2000 per share payable on December 29, 2023 to shareholders of record as of November 30, 2023. Dividend amount recorded is an increase of $ 0.01 from last dividend Paid.

Power Integrations Inc. (NASDAQ:POWI) has paid dividends since 2008, has a current dividend yield of 1.0083587170% and has increased its dividends for 10 successive years.

Power Integrations Inc.'s market cap is $ 4,325,785,780 and has a PE ratio of 47.40. The stock price closed yesterday at $ 75.37 and has a 52 week low/high of $ 63.65 and $ 99.60.

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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