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Tower Semiconductor Ltd., an independent semiconductor foundry, manufactures and markets analog intensive mixed-signal semiconductor devices in the United States, Japan, other Asia countries, and Europe. It provides various customizable process technologies, including SiGe, BiCMOS, mixed signal/CMOS, RF CMOS, CMOS image sensor, integrated power management, and MEMS. The company also offers wafer fabrication services and design enablement platform for design cycle, as well as transfer optimization and development process services to integrated device manufacturers and fabless companies. It serves various markets, such as consumer electronics, personal computers, communications, automotive, industrial, aerospace, military, and medical device products. The company was incorporated in 1993 and is headquartered in Migdal Haemek, Israel.

Tower Semiconductor Dividend Announcement

Tower Semiconductor announced a annually dividend of $1.00 per ordinary share which will be made payable on 1997-10-20. Ex dividend date: 1997-09-24
Tower Semiconductor's trailing twelve-month (TTM) dividend yield is -%

Tower Semiconductor Dividend History

Ex-Div dateDividend amountDividend typePay date
1997-09-24$1.00annually1997-10-20
1996-10-30$1.49annually1996-11-22

Tower Semiconductor Dividend per year

Tower Semiconductor Dividend Yield

Tower Semiconductor current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Tower Semiconductor stock? Use our calculator to estimate your expected dividend yield:

Tower Semiconductor Financial Ratios

P/E ratio9.96
PEG ratio2.24
P/B ratio1.95
ROE20.22%
Payout ratio0.00%
Current ratio5.90
Quick ratio4.94
Cash Ratio0.91

Tower Semiconductor Dividend FAQ

Does Tower Semiconductor stock pay dividends?
Tower Semiconductor does not currently pay dividends to its shareholders.
Has Tower Semiconductor ever paid a dividend?
No, Tower Semiconductor has no a history of paying dividends to its shareholders. Tower Semiconductor is not known for its dividend payments.
Why doesn't Tower Semiconductor pay dividends?
There are several potential reasons why Tower Semiconductor would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Tower Semiconductor ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Tower Semiconductor has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Tower Semiconductor a dividend aristocrat?
Tower Semiconductor is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Tower Semiconductor a dividend king?
Tower Semiconductor is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Tower Semiconductor a dividend stock?
No, Tower Semiconductor is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Tower Semiconductor stocks?
To buy Tower Semiconductor you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Tower Semiconductor stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.