Monolithic Power Systems (NASDAQ:MPWR) had declared a cash dividend of $0.2000 on Sep 19, 2016. The shares will quote ex-dividend on Sep 28, 2016 and the record date has been fixed for Sep 30, 2016. On Sep 19, 2016 share price, the yield comes out to be 1.0579%. The dividend payable date has been fixed on Oct 14, 2016.
In a different note, On Jul 14, 2016, Stifel Nicolaus said it Maintains its rating on Monolithic Power Systems. In the research note, the firm Raises the price-target to $75.00 per share. The shares have been rated ‘Buy’ by the firm.
Monolithic Power Systems (MPWR) made into the market gainers list on Thursdays trading session with the shares advancing 1.19% or 0.91 points. Due to strong positive momentum, the stock ended at $77.36, which is also near the day’s high of $77.92. The stock began the session at $77.26 and the volume stood at 4,38,845 shares. The 52-week high of the shares is $78.45 and the 52 week low is $47.94. The company has a current market capitalization of $3,132 M and it has 4,04,92,256 shares in outstanding.
Monolithic Power Systems(MPWR) last announced its earnings results on Jul 25, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $94.08M. Analysts had an estimated revenue of $93.08M. Earnings per share were $0.54. Analysts had estimated an EPS of $0.54.
Several Insider Transactions has been reported to the SEC. On Sep 2, 2016, Theodore Blegen (CFO) sold 99 shares at $76.65 per share price.Also, On Aug 24, 2016, Deming Xiao (Pres. of MPS Asia Operations) sold 25 shares at $75.85 per share price.On Aug 24, 2016, Saria Tseng (VP & General Counsel) sold 5,653 shares at $75.06 per share price, according to the Form-4 filing with the securities and exchange commission.
Monolithic Power Systems Inc. provides integrated power solutions. The Company provides power solutions for systems found in industrial applications telecom infrastructures cloud computing automotive and consumer applications. MPS can be contacted through its Website at www.monolithicpower.com or its support offices around the world. The Company is headquartered in San Jose California.